Blog by Majeed Rajabi

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Insurers ( CMHC , Genworth ) are increasing premiums - Deadline approaching -- // Augmentation des primes d’assurance – La date limite approche

The Canada Mortgage and Housing Corporation (CMHC), Genworth Canada and Canada Guaranty will be increasing their homeowner mortgage loan insurance premiums for homebuyers with less than a 10% down payment. The premiums for these homebuyers will increase by approximately 15% effective June 1, 2015. Click here for the complete CMHC press release.