CMHC to Increase Mortgage Insurance Premiums | CMHC

Effective May 1, 2014 CMHC will Increase Mortgage Insurance Premiums

Loan-to-Value Ratio Standard Premium (Current) Standard Premium (Effective May 1st, 2014)
Up to and including 65% 0.50% 0.60%
Up to and including 75% 0.65% 0.75%
Up to and including 80% 1.00% 1.25%
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%
90.01% to 95% – Non-Traditional Down Payment 2.90% 3.35%
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2 Responses to CMHC to Increase Mortgage Insurance Premiums | CMHC

  1. Pingback: jesse

  2. Michael King says:

    You’re very welcome. This isn’t the greatest news for those who require default insurance.

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