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Old 04-02-2015, 04:24 PM   #3
Mortgage Made Easy
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Join Date: Sep 2014
Location: Calgary, AB
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Quote:
Originally Posted by V View Post
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 announcement is for a premium increase starting June 1.

The 3.15% will increase to 3.60% and the rest of the table remains the same.
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Tim Lacroix | 403-648-1541
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