First National's top stories for Q3 2024

First National’s Resources & Insight Centre is a platform for news and commentary created by our empowered advisors just for you. Here are the five stories that captured the platform’s greatest viewership during the third quarter of 2024.

Summer business update and commercial market outlook from Jeremy Wedgbury, the leader of our commercial mortgage division, succinctly summarizes key developments in commercial financing including a shift in Canadian monetary policy, and a resurgence in real estate trading activity.

First National comments on key CMHC policy enhancements delves into the national housing agency’s recently enacted changes to equity takeouts, construction loan underwriting, the MLI Select scoring system and restrictions on the use of lender correspondents.

Bank of Canada reduces its benchmark interest rate to 4.50% from July 24^th captured significant interest for an obvious reason: it described a second consecutive rate cut after many months of interest-rate tightening.

Bank of Canada reduces its benchmark interest rate 4.25% from September 4^th brought home more good news showing that monetary policy is moving inexorably toward less restrictive territory and the reasons why.

A mid-year update from Scott Mizzen, the head of our Ontario commercial mortgage division, explored several salient topics including the growing size and complexity of multi-unit residential financings.

Should you have story ideas for Resources & Insights, or questions about these top articles, please speak to your First National advisor.