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Mortgage Insurance 101 [Video]

Mortgage Insurance 101 [Video]

A conventional mortgage in Canada normally requires a down payment of at least 20% of the purchase price. When homebuyers have less than 20% for a down payment, Mortgage Insurance allows them to secure a mortgage for their home purchase. Mortgage Insurance 101 [Video]...

Genworth Mortgage Survey Statistics

Genworth has just released their 2010 Mortgage & Financial Fitness survey results. A total of 2,001 interviews were completed between Mar. 4th-10th, 2010. Results from this research show that there is a very strong correlation between home ownership and Financial...
Top 5 CMHC Questions

Top 5 CMHC Questions

Homebuyers in Canada require mortgage default insurance whenever they are placing less than a 20% down payment on their purchase. Typically first time home-buyers take advantage of CMHC mortgage insurance to allow them to put as little as a 5% down payment on their...