Extra! Extra! Insured Premiums Going Up!

Effective May 1st, 2014 the  CMHC Insured Premiums are going up.

Loan-to-Value Ratio       Standard Premium(Current)       Standard Premium ( May 1st, 2014)

Up to and including 85%                         1.75%                                                          1.80%

Up to and including 90%                         2.00%                                                         2.40%

Up to and including 95%                          2.75%                                                         3.15%

going up

About Don Cholak