Private Mortgage Insurance (PMI) in Canada 2023

Private Mortgage Insurance (PMI) in Canada 2023

Introduction Private Mortgage Insurance (PMI) is an important aspect of the mortgage industry in Canada. It protects lenders in case a borrower defaults on their mortgage payments. PMI enables individuals with a smaller down payment to access the housing market and purchase their dream homes. In this article, we will delve into the details of … Read more