Monthly Archives: October 2019

How Your Mortgage Affects Your CMHC Loan Insurance

How Your Mortgage Affects Your CMHC Loan Insurance

In May of last year, the Canadian Mortgage and Housing Corporation (CMHC) increased the premium on its mortgage loan insurance. Mortgage Loan Insurance, better known as CMHC Insurance, is mandatory for homeowners who provide a 5% to 19.99% down payment […]

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