First Citizens Bank has completed one of the larger U.S. bank branch transfers of the year, taking control of 138 BMO locations across 11 states and adding approximately $5 billion in deposits to a balance sheet that already exceeds $225 billion. The acquisition...
BMO (NYSE: BMO) is seeking to expand homeownership access to Hispanics with its first Spanish-language mortgage application. Available both digitally and in a paper format available at branches, the application offers what the bank described as “culturally and...
One of the most popular financial entities for Canadian homeowners has been the Bank of Mom and Dad. According to a new survey by BMO (NYSE: BMO), 43% of Canada’s homeowners said they could not have purchased their home without assistance from family. The survey...
Nearly three-quarters (72%) of potential Canadian homebuyers are waiting until interest rates drop before purchasing a home, according to the latest BMO Real Financial Progress Index report. This is a 4% increase from 2023. The new report also found 85% of Canadians...
BMO (NYSE:BMO) has rolled out the Homebuyer Assistance Program for graduates of Historically Black Colleges and Universities (HBCU) and Predominantly Black Institutions (PBI). Created in partnership with the National Association for Real Estate Brokers (NAREB), a...
Fed’s Musalem Sees More Rate Hikes Over Next Six to Nine Months
