CHMC Increasing Mortgage Insurance Premiums

CMHC Mortgage Insurance Premiums to increase… Canada Mortgage and Housing Corporation (CMHC) is increasing mortgage insurance premiums. The new CMHC rates will apply to any buyer applying for a CMHC insured mortgage as of March 17, 2017. Existing mortgages and renewals will not be impacted.  CMHC reviews its rates annually.This increase has been sparked by [&hellip