Real Estate News - CMHC Raises Mortgage Insurance Premiums for Buyers with Small Downpayments
Saturday, Apr 04, 2015
CMHC announced on April 3, 2015 that effective June 1, 2015 Home Buyers with a less than 10% downpayment can expect to pay in Increase for Mortgage Insurance Premiums - about 15% MORE.
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Visit CMHC website to see how this can affect your purchase!