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Borrowers feel rate hike pinch as banks step up mortgage repricing

Writing has been on the wall, given MAS's earlier caution to home buyers about rising rate scenario

Published Tue, Aug 14, 2018 · 09:50 PM

Singapore

AS interest rates hit a 10-year high, banks are increasingly firing off missives to home loan borrowers informing them that their loans have been repriced.

For some, it will be the second repricing letter this year as interest rates continue their relentless climb.

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Borrowers feel rate hike pinch as banks step up mortgage repricing

KEYWORDS IN THIS ARTICLE

Banking & Finance

Apac finance M&A to stay subdued after Q1 decline as uncertainties linger: S&P Global

MAS ‘following up’ with DBS on cause of May 2 glitch in digital banking services

UBS shares soar as profit smashes forecasts, share buyback plans affirmed

New Thai finance minister wants monetary, fiscal policies aligned

Australia’s central bank holds cash rate at 4.35%

Japan warns of action over rapid currency moves

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