CMHC (Canada Mortgage and Housing Corporation) issues mortgage loan default insurance. They recently announced an increase to the premium rate for homebuyers with less than a 10% down payment. This video shows you how the increase will affect your bottom line.
CMHC Fee Increase On June 1st, 2015
CMHC (Canada Mortgage and Housing Corporation) issues mortgage loan default insurance. They recently announced an increase to the premium rate for homebuyers with less than a 10% down payment.
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