Category: Mortgage

Feb 28

CMHC hikes rates for mortgage insurance

By Brenda Bouw New homebuyers that need mortgage insurance before they can purchase that dream home will fork over more starting this spring. The Canada Mortgage and Housing Corp. (CMHC) said Friday it’s raising mortgage loan insurance premiums by an average of about 15 per cent starting May 1. The Crown Corporation said the impact […]
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