7 March 2014
Category:
Mortgage&Loans

CMHC to Increase Mortgage Insurance Premiums by approximately 15%

CMHC to Increase Mortgage Insurance Premiums Following the annual review of its insurance products and capital requirements, CMHC will increase its mortgage loan insurance premiums for homeowner and 1 – 4 unit rental properties effective May 1, 2014. The increase applies to mortgage loan insurance premiums for owner occupied, self-employed and 1-to-4 unit rental properties, […]