The 2018 Winter Olympics in Pyeongchang, South Korea will be welcomed with a glittering opening ceremony tomorrow and there will be excitement and anticipation across Canada as the games get underway. Once again, Canada will be proudly represented by some superb athletes and this year Team Canada will be bigger, and perhaps more successful, than […]
CMHC to Increase Insurance Premiums for Some Mortgages
TORONTO – Effective June 1, 2015, home buyers planning to shell out a down-payment of 10 per cent or less will be facing slightly higher premiums on their insurance from the Canadian Mortgage and Housing Corporation (CMHC). The increase, which applies to insured mortgages for “residential housing of one and two units,” will see those […]