Blog by Scott & Marcella Williams

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15% Increase In CMHC Fees!

March 3rd, 2014

CMHC announcing fee 15% fee increases begining may 1st. Now is the time to get pre approved and take advantage of the current lower rates.

UPDATE: Since the CMHC premium hike, the largest private mortgage insurer, Genworth, has announced that its premiums will increase to match CMHC’s effective May 1.

The Canadian Mortgage and Housing Corporation has announced 15 per cent increases to the pre ...