Will New CMHC Premiums Raise Your Mortgage?

The CMHC just announced that as of June 1 it will be increasing the premium rate on low down-payment mortgages.

The Globe and Mail has a video (link below) discussing how this might impact home buyers:

http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/drawing-conclusions/article23804251/

Stacey Chudley

Stacey Chudley

REALTORĀ®
CENTURY 21 Westman.com Ltd.
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