Singapore mortgages may rise as much as 0.75% this year following Fed hikes
Mortgage advisers expect 3-month Sora to hit about 0.8% by July and possibly cross 1% before end-2022
Singapore
MORTGAGE rates in Singapore could be raised 3 times this year, by 25 basis points each time, according to mortgage advisers polled by The Business Times.
Their projections come after Federal Reserve chairman Jerome Powell's commitment on Monday (Mar 21) to double down on inflation in the United States.
TRENDING NOW
Firm loses wrongful dismissal case despite following termination clause
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ
Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation