Dwight Taylor Real Estate

Mortgage Insurance Premiums On The Rise

Thursday Jan 26th, 2017

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CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17 2017. “We do not expect the higher premiums to have a significant impact on the ability of Canadians to buy a home,” said Steven Mennill, Senior Vice-President, Insurance. “Overall, the changes will preserve competition in the mortgage loan insurance industry and contribute to financial stability.” According to the Crown Corporation, the average homebuyer will see a $5... [read more]

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Dwight Taylor

Sales Representative

dwight@wesellthegta.com

(905) 330-2688

(905) 858-3434
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