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CMHC Raises Premium AGAIN - Target Homebuyers < 10% Down Payment
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04-02-2015, 04:28 PM
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Regorium
First Line Centre
Join Date: Apr 2006
Location: Calgary
Exp:
Quote:
Originally Posted by
V
I thought the premium was only 3.15% for 5% down. 2.4% for less than 10% down. Am I reading this table wrong?
http://www.cmhc-schl.gc.ca/en/co/moloin/moloin_005.cfm
The table states that the price between 90.01% and 95% LTV value (ie. 5-9.99% down) is 3.15%. That rate is going up to 3.6%.
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