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NEW Changes for Buyers

Posted by Cam Bird on Monday, July 31st, 2017 at 8:58pm.

CMHC insurance fees are now taxed as of August 1st, 2017 to the tune of 6% PST.. This tax will only affect Buyers who are utilizing the CMHC insurance program whereby the Buyer is placing 5-20% down payment on any purchase. Contact us to find out more details or connect with our mortgage Specialist Crystal Wandler of CIBC Mortgages at 306-261-5149.


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