What the CMHC premium hike means for you
The average new homebuyer will see an added cost of $8.74 monthly
Advertisement
The average new homebuyer will see an added cost of $8.74 monthly
Down payment % | Standard premium (current) | Standard premium (before March 17) |
5% to 9.99% | 4% | 3.6% |
10% to 14.99% | 3.1% | 2.4% |
15% to 19.99% | 2.8% | 1.8% |
Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email