Singapore mortgages
More customer interest in floating-rate home loans amid Sora decline in Q2
But the majority of customers continue to choose fixed-rate packages
Low mortgage rates help; but be cautious in pursuing condo dreams as economic outlook weakens
Don’t raid the CPF account for a private home
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Delayed effects of high rates in 2023 and 2024 have increased listings of distressed assets, as buying sentiment improves
Household debt on the rise but may be cushioned by wage, financial assets growth: MAS
Households’ financial assets grow 8% on the year
DBS, OCBC, UOB aim to stay competitive as foreign players slash mortgage rates
Foreign banks in Singapore have slashed their home loan rates to as low as 2.45%, lower than that offered by the local banks
Foreign banks in Singapore slash home loan rates to as low as 2.45%
BOC, Stanchart, Maybank offer rates of 2.45 to 2.5 per cent; fixed mortgage rates were around 3% at the start of this year, and up to 4.25% at the start of 2023
Fewer mortgagee listings in Q3 despite increased cost pressures, higher interest rates: Knight Frank
Its report adds that management corporation strata title sales for mainly non-residential units are up in the year thus far, from zero last year
Hoping for banks to slash mortgage rates? Don’t hold your breath, analysts say
Fed’s Sep 18 rate cut has been widely anticipated and local banks have already priced it in for their loan packages
Consider letting young Singaporeans borrow more to fund housing dreams
How about a 35-year loan with loan-to-value of 80% for under-35s?
Young couples voice concerns over housing loan limits under new HDB protocols
Uncertainty is mounting over reassessments for loan amounts and grant clawbacks
