Cost of Mortgage is Going Up: CMHC Hikes Mortgage Insurance Premiums
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Cost of Mortgage is Going Up: CMHC Hikes Mortgage Insurance Premiums

If you’re applying for a mortgage with a small down payment, be prepared to pay a little more every month for default insurance. The Canadian Mortgage and Housing Corporation recently announced it will increase the premiums for ‘mortgage default insurance’ (also called mortgage loan insurance) effective March 17, 2017… Continue reading »