In April 2020, the Singapore government announced the start of the circuit breaker and made it mandatory for employees to adopt the ‘Work from Home’ (WFH) scheme, forcing everyone to work in a non-office environment. Never have we stayed indoors for so long that our homes have now become our offices, school and for some, […]
General Trends in 2018 Looking back at the trend of mortgages in 2018, we would have noticed that people are all big about fixed rates and many of you would have to ask why? The reason is simple, fixed rates were at a 1.55%, 2-years fixed whereas floating rates were at 1.6%, and looking at […]
Introduction: End of An Era of Cheap This is already old news – the US Fed raised rates again, as anticipated, on 14th June 2017, bringing the target rate to 1.25%. They are expected to raise again to 1.4% in the second half of the year, and then to 2.1% in 2018. We also saw […]
Introduction Time flies. In just a short span of 6 months, there have been some significant announcements and events. The US Federal Reserve increased interest rate for the 4th time since 2008, and for the second time this year, from 1% to 1.25%, with more expected raises to come this year and next. At home here […]
You probably have some sort of reviews on your finances every so often. Of the numerous items that we look at, one of those closest to our hearts, and may often always be at the back of my minds as well, is our home sweet home, and the “dreadful” loan that is attached to […]
On Wednesday, the federal reserve kept their rates unchanged once again. The decision reflects their ongoing concerns surrounding a stall in US employment and inflation, the possible Britain’s Brexit and its potential impacts on the global markets. Even though US economic growth remains robust, Janet Yellen has highlighted that the UK referendum may pose unfavourable […]
In recent years, there has been an increasing trend in banks coming up with their own deposit-pegged mortgage rates (DPMR). DBS was first in the DPMR playing field, introducing the 18-month Fixed-Deposit Home Rate (18M FHR) back in June 2014. About a year and a half later, at the end of 2015, OCBC presented the […]