You are here
Singapore interest rate jump to weigh on property prices
It may also raise mortgage costs; Mizuho says home prices could fall a further 10% by mid-2016
A SUDDEN new-year jump in Singapore interest rates threatens to push up mortgage costs and steepen a slide in home prices.
The three-month Singapore interbank offered rate (Sibor), against which most home loans are benchmarked,
- CALL +65 6388 3838
- EMAIL firstname.lastname@example.org