Comments on: CMHC Fee Reduction http://financialjungle.com/2007/04/26/housing/cmhc-fee-reduction/ A Vancouverite's journey to financial freedom. Fri, 05 Sep 2008 21:34:29 +0000 http://wordpress.org/?v=2.1.2 By: Weekend Reading - May 4, 2007 - Million Dollar Journey http://financialjungle.com/2007/04/26/housing/cmhc-fee-reduction/#comment-76 Weekend Reading - May 4, 2007 - Million Dollar Journey Sat, 05 May 2007 01:12:26 +0000 http://financialjungle.com/2007/04/26/housing/cmhc-fee-reduction/#comment-76 [...] Jungle posts about the CMHC fee reduction which includes the new pricing [...] […] Jungle posts about the CMHC fee reduction which includes the new pricing […]

]]> By: Mike http://financialjungle.com/2007/04/26/housing/cmhc-fee-reduction/#comment-752 Mike Thu, 13 Dec 2007 17:26:21 +0000 http://financialjungle.com/2007/04/26/housing/cmhc-fee-reduction/#comment-752 WRONG WRONG WRONG... your sources SUCK. If you refer to the ACTUAL CMHC WEBSITE... the table structure for fees shows that you now need 35%!!!!! to avoid the fees. The fees are now lower across the board.. but now stretch further into ones wanting to avoid. Please remove this JUNK of WRONG info you have here. SOurce: http://www.cmhc-schl.gc.ca/en/co/moloin/moloin_005.cfm WRONG WRONG WRONG…
your sources SUCK.
If you refer to the ACTUAL CMHC WEBSITE… the table structure for fees shows that you now need 35%!!!!! to avoid the fees. The fees are now lower across the board.. but now stretch further into ones wanting to avoid. Please remove this JUNK of WRONG info you have here.
SOurce:
http://www.cmhc-schl.gc.ca/en/co/moloin/moloin_005.cfm

]]> By: Financial Jungle Guy http://financialjungle.com/2007/04/26/housing/cmhc-fee-reduction/#comment-753 Financial Jungle Guy Thu, 13 Dec 2007 19:35:57 +0000 http://financialjungle.com/2007/04/26/housing/cmhc-fee-reduction/#comment-753 Mike - the table lists the premiums CMHC charge to the lenders <b>if</b> the lenders wish to insure their mortgages. In this link (<a href="http://www.cmhc-schl.gc.ca/en/co/moloin/moloin_002.cfm">http://www.cmhc-schl.gc.ca/en/co/moloin/moloin_002.cfm</a>), it says CMHC mortgage insurance is only mandatory for down payments < 20%. (edit) Mike - the table lists the premiums CMHC charge to the lenders if the lenders wish to insure their mortgages.

In this link (http://www.cmhc-schl.gc.ca/en/co/moloin/moloin_002.cfm), it says CMHC mortgage insurance is only mandatory for down payments < 20%.

(edit)

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