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Friday, February 28, 2014 - CMHC to hike mortgage insurance premiums May 1

CMHC to hike mortgage insurance premiums May 1

Canada Mortgage and Housing Corp. is raising its mortgage loan insurance premiums effective May 1, the Crown corporation announced Friday.

The increases will be for new policies, not those that are already insured. Premiums will rise by about 15% on average, CMHC said.

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posted in News at Fri, 28 Feb 2014 15:55:49 -0700



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