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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
Published Tue, Mar 22, 2022 · 09:50 PM
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.
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