Robert McLister·Mortgage Commentary·May 28, 2010LTVs Of CMHC-Insured Mortgages It’s a common perception that mortgage default insurance applies to only high-ratio mortgages. That’s not actually the case. CMHC had $472.6 billion in mortgage insurance outstanding as of December 31. Of that total, 71.1% of its insured mortgages had a loan-to-value of 80% or less, based on current home values. Only 4.5% had LTVs over 95%, and roughly 87% of CMHC-insured mortgagors had 10% or more equity. (Source: Insurance-in-force data from CMHC’s 2009 Annual Report) Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.