It strikes me as odd that lenders are being so timid about favouring low LTV (<50%) borrowers. I would have thought that a non-jumbo mortgage to a borrower with a low LTV/LTI over 20 years or less should be very low risk from a lender's perspective and would merit a more deeply discounted interest rate. I wonder are any potential new lenders out there running the rule over the "ultra-prime" segment of the mortgage market?