What is the best home loan in Singapore in 2018 ?

When it comes to buying your home, it goes without saying that we want to (and should) rack in as much savings as humanly possible and get the best home loan in Singapore. We are talking about something that takes 2-3 decades to pay off after…

Make your money work harder for you: Mortgage interest offset accounts

Housing loans are one of the biggest financial liabilities we have in our lifetime. With the current low interest rate environment, a $500k loan over the low interest would still amount to a $120k payment towards interest over a 30-year tenure.…

What type of mortgages are people getting? Analysis of $1 billion worth of home loan in Singapore

Ever been curious about how others handle their mortgages? Or who secures them?If your answer is yes, then Redbrick is here to help answer your questions! We’ve condensed some of the insights obtained from mortgages we’ve transacted…

Introducing OHR - OCBC's new home loan package

OCBC recently introduced a brand-new home loan package to the market, known as the OCBC Home Rate (OHR). This rate package was released to replace both the existing board rate and fixed deposit rate loan packages.Apart from the rates which…

How Mortgage Insurance can help you avoid regrets in life

How many of us have regrets in life? Take your time to think. I guess pretty much everyone has one or two regrets in their life regardless of whether it’s due to education, relationships, career or family. It could be as simple as not choosing…

5 reasons why your home loan application will be rejected (and how to avoid it)

Are you stuck in a situation where you’ve applied to multiple banks for your housing loan and have gotten rejections from them, yet the bankers were unable to disclose the reason(s) to you?Here, I’ll share some common loan application…

Your Last Chance at Safety; An Opinion Piece for Property Loan Fixed Rates Packages

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,…

How to finance a property in London with a Singapore bank

In recent years, Singaporeans have been one of the biggest buyers of London properties, favouring new-built and luxury flats.Due to its stable residential development and a naturally competitive market, London continues to be a safe haven…

Mid Year Update on Property Financing

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…

11 Factors to Consider Before Buying an Executive Condo in Singapore

According to data from the Urban Redevelopment Authority (URA), the number of Executive Condominium units sold by developers went up from 492 in March 2016, to 572 in March 2017, indicating a 16.2% increase. The demand for private housing, especially…