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Mortgage Broker News | 09 Dec 2013, 12:00 AM Agree 0
CMHC increased its risk fee to 3.25 per cent last week and one broker believes Canada’s independent insurers – and the brokers who deal with them – are poised to take advantage.
  • Dale | 09 Dec 2013, 09:55 AM Agree 0
    So lets ask our Finance Minister? CMHC is a "very profitable" company for the government.
    Our minister and the B of C talk of personal debt rising to very high levels. Why is it that "THEY" the government want to put us further in debt? Seems contradictory, plus with limited competition...which the government states they want to see...the other two insurers will likely follow immediately on the heels of CMHC and raise to increase profit margins.
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