If there is further increase on the fed rates, there is a high chance that the Gov will introduce another round of tweaking to have the TDSR stress test at 4.5% The explanation is that if the stress test is lower than the actual interest rates, then it’s not called a stress test anymore. Right now, for private properties the floating SORA cheapest rate is at (3M SORA plus 0.55%) 2.96% offered...
