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…

All you need to know about TDSR

How did TDSR come about in Singapore ? Imagine sitting on a table in a casino and there is a probability of more than a 50% chance of earning almost double of your bet. Wouldn’t it be a good bet? In the long run, chances are you will make…

US Federal Reserve increases interest rate, first time in 2017

Interest rate goes up as predicted On Wednesday, 15 March 2017, the US Federal Reserve increased its benchmark interest rate by 0.25%. The Federal Open Market Committee (FOMC) was one vote short of a unanimous vote at 9-1, with Neel Kashkari,…