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BMO tightens mortgage rules due to tariffs, the Home of the Week and more top real estate stories

Summary by The Globe & Mail
Plus, the biggest demographic of single renters in Canada isn’t who you think

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BMO tightens mortgage rules due to tariffs, the Home of the Week and more top real estate stories

Plus, the biggest demographic of single renters in Canada isn’t who you think

·Canada
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Mortgage Rates & Mortgage Broker News in CanadaMortgage Rates & Mortgage Broker News in Canada

BMO tightens mortgage rules for steel and aluminum workers, but experts urge perspective - Mortgage Rates & Mortgage Broker News in Canada

The Bank of Montreal (BMO) caused some panic last week when it announced the tightening of its mortgage requirements for self-employed workers in the steel and aluminum sectors.

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Floor Covering NewsFloor Covering News

Retailers React: What concerns you - mortgage rates or tariffs? - Floor Covering News

Every two weeks, FCNews seeks out flooring retailers across the country to offer their advice on hot topics of the day. This week, we asked: What concerns you: mortgage rates or tariffs? Here are their responses: “Mortgage rates, tariffs, etc., are out of our control and can cause some disruption but I would rather focus on getting the customer to give us an opportunity to do business with them than things out of our control.” — Carlton Billing…

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The Globe & Mail broke the news in Canada on Friday, March 28, 2025.
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