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,
Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.