Previously when a client asks us how much he/she can borrow, the answer has always been 4 to 6 times of your income, provided no other major debts.
CMHC is increasing its homeowner mortgage loan insurance premiums effective March 17, 2017.
CMHC’s standard mortgage loan insurance premiums will be changing as follows:
array ( 'excluded' => array ( 'uid' => false, 'page' => false, ), )