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
Category: Mortgages
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
The Currency War: Is It Better To Finance Malaysian Properties In SGD or MYR?
Singapore and Malaysia are two countries that offer property investors the advantages of border proximity, ease of transportation, and close economic ties. With Singapore still
March 13, 2016
Reading the Fine Print for Home Loans
These are the key criteria you have to take into consideration when choosing your home loan: Reference Rate This can be either a Fixed Rate,
February 28, 2016
International Property Financing
Many local banks have introduced foreign property loans in view of the rising trend of Singaporeans looking outside the little red dot to invest. These
February 6, 2016