Households that face looming stress aren't the ones with extra savings, CIBC cautions
High interest rates have led to a slowdown in housing market, slower growth in mortgages
Asset quality, capital expected to remain strong
It's the lowest level in more than a year
The rate dropped to its lowest level since early February
Other forms of borrowing decline, led by HELOCs
Agencies adopt standards to address bias, conflicts in valuation models
Moderate price growth is forecast, and arrears is expected to rise slightly
Gifts to support home purchases rising alongside home prices, CIBC says
Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds