January 24, 2017
CMHC is Increasing Mortgage Insurance Premiums
CMHC will be increasing its Mortgage Insurance Premiums on March 17, 2017. I have linked an attachment which is a news release from CMHC regarding these changes and how they will impact current CMHC buyers.
If you have any questions about the increase you can contact your bank or a mortgage broker. Please note that these changes do not impact mortgages currently insured by CMHC.
The full press release from CMHC can be read on their website at,
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