Quote:
Originally Posted by Canehdianman
I'd expect better information from a realtor.
CMHC fees are much lower if you put down 15% over 5%. About 1.5% lower (so on a 400,000 mortgage it would save you $6,000).
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Yep, CMHC fees are not linear, they curve.
That said, I bought my first place last year, and put down 23%