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CMHC to raise mortgage insurance premiums - May 1st, 2014.

Posted on February 28, 2014 by Tom Bushey

Posted in Buying a Home In Calgary, Mortgages, Selling a Home In Calgary

If you're buying a home and have less than 20% down payment, your CMHC mortgage insurance is going up effective May 1^st 2014. Overall, not a huge increase. Remember that insurance premiums are added to your total amount borrowed. More info: CMHC

New CMHC Premiums for May 1, 2014.

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