Fast Mortgage Help
Zorie Campbell
Principal Broker
Reign Mortgage Group Inc
Brokerage Lic# 13652
Broker Lic# M12000377
01/17/2017
CMHC Hiking Insurance Premiums
January 17, 2017
Homebuyers with less than 20% down are going to pay more.
CMHC is hiking mortgage insurance rates for the third time in three years. Premiums are jumping up to 0.65 percentage points on the highest LTV mortgages, effective March 17, 2017. If you need help understanding this please feel free to contact me. 416 822-9267
Here’s the new premium table:
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285 Taunton Road E Unit 14
Oshawa, ON
L1G3V2