CMHC Increases Insurance Premiums Again

CMHC Increase April 2015

On April 2, 2015 CMHC announced another insurance premium increase. Please read this report to see who is impacted and how big of an impact it will really have on the real estate market.

In short, if you have less than 10% to put down on a purchase, do it before June 1st!! But read the attached pdf for full details.