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Most Canadian banks are still evaluating the impact of the new measures, and will closely monitor housing market data released friday. “The rough rule of thumb we’ve used in the past is a 10.
The index of U.S. leading indicators rose in December by the most in three months, signaling stronger housing and job markets. a lack of supply and record-low mortgage rates are encouraging new.
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As of July 31, Standard & Poor’s had downgraded $2.4 trillion of the $3.3 trillion in structured-finance securities tied to the U.S. housing. the market-risk rule, banks would have to hold as much.
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