NANCY BIDERMAN

June 1st High Ratio Mortgage Insurance Premiums To Increase

Sunday Aug 9th, 2015

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Canadian Mortgage And Housing Corporation has announced that as of June 1st, 2015, insurance premiums on a mortgage with less than a 10% downpayment will rise to 15%. And a 10% refund may be available for "Energy Efficient" homes. How Much Does CMHC Mortgage Loan Insurance Cost? To obtain CMHC Mortgage Loan Insurance, lenders pay an insurance premium. Typically, your lender will pass these costs on to you. Your lender will give you the exact price when you... [read more]

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Nancy Biderman

Nancy Biderman

Real Estate Sales Representative

Harvey Kalles Real Estate Ltd., Brokerage

2145 Avenue Road, Toronto, ON, M5M 4B2

nancy@nancybiderman.com

(416) 721-6041

(416) 441-2888
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