Effective March 17th, CMHC’s mortgage loan insurance premium rates will be increasing.
Here is the premium schedule.
Loan-to-Value Ratio |
Mar 17, 2017 |
| Up to & including 65% | 0.60% |
| Up to & including 75% | 1.70% |
| Up to & including 80% | 2.40% |
| Up to & including 85% | 2.80% |
| Up to & including 90% | 3.10% |
| Up to & including 95% | 4.00% |
| 90.01% – 95% (non traditional dp) |
4.50% |
| For a comparison Click Here | |
