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CMHC Increases Mortgage Premiums

February 28, 2014 | Posted by: Craig Nickerson

http://www.cmhc.ca/en/corp/nero/nere/2014/2014-02-28-1100.cfm

The news release really speaks for itself.   Pretty tough to justify a premium increase as anything other than another form of taxation, but I digress. At the end of the day, it will only add approximately $5/mo to the average borrower's mortgage payment.......

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