The bill would nearly triple
the cap on the annual premiums the FHA charges borrowers to 1.50 % from 0.55 %.
Not exact matches
The federal and provincial governments are looking at a possible increase in the $ 55,000
cap on annual maximum pensionable earnings, which would result in both higher
premiums and increased pension benefits.
FHA is raising its upfront mortgage insurance
premium (UFMIP), and planning to increase the
cap on annual mortgage insurance
premiums so that some of the increased UFMIP can be converted to
annual premiums.
However, the biggest disadvantage is the
cap on maximum sum assured as a multiple of
annual premium.