US Fed secures interest rate hike
After months of speculation, the US Federal Reserve has finally raised its benchmark interest rate by 0.25%, a collective vote which saw the key rate
December 15, 2016
Category: Mortgages
SIBOR and SOR see increase after months of stagnancy
With Trump as President-Elect, there is a likelihood that his administration could encourage spending to fuel inflation, and an 80% chance that interest rates will
November 16, 2016
No changes made by Fed to interest rate, although an end-of-year hike is likely
On Wednesday, 21 September 2016, the U.S. Federal Reserve made no changes to the interest rates, but implied that an increase is likely to happen
September 22, 2016
MAS Makes Adjustments to TDSR Rules
In an announcement made by the Monetary Authority of Singapore (MAS) on Thursday, 1 September 2016, homeowners now have more flexibility with regard to the
September 1, 2016
Local Interest Rates at 12-month Low
With the strong Singapore dollar (SGD), local interest rates have been declining to a 12-month low. Both the three-month Singapore interbank offered rate (SIBOR) and
August 24, 2016
MAS Announces Smaller Loan Amounts for Buyers Using Deferred Payment Scheme
According to the Monetary Authority of Singapore (MAS), buyers of private properties who are utilising deferred payment schemes will now receive smaller loan amounts. This
August 16, 2016
Mortgage Packages That Can Help You Earn Tons Of Money In Your Savings Account
Homeowners are constantly overwhelmed by the many different housing loan packages offered across banks in Singapore. While homeowners generally seek for the most competitive housing
August 12, 2016
UOB Suspends Financing Services for London Properties
The United Overseas Bank (UOB) is the first bank in Singapore to announce its suspension of loans programme for properties in London, due to the
June 30, 2016
U.S. Fed Keeps Interest Rates Unchanged
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,
June 16, 2016
Deposit-Pegged Mortgage Rates: An Overview
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
May 26, 2016