Get the latest news and insights from the mortgage industry in Singapore.
Before March 31 2020, banks were offering various relief measures to help homeowners during the COVID-19 pandemic. We compiled a list of 8 banks and financial institutions.
The Federal Reserve in the US cut interest rates again on 15 March 2020, the second emergency cut this year after dropping 0.5% on 3 March 2020. Even more surprising? The emergency rate cut of 1.0%, to a range of 0% - 0.25%.
As SIBOR continues to fall in 2020, even the most risk adverse may find value in choosing this volatile type of home loan package. Here's why you should take a floating rate today.
Depending your risk profile and financial situation, choosing fixed rate home loans may be the best choice. However, you have to consider that no package stays fixed forever, and that it may cost you more in the long run! Surprised? Here's what else you might not know about fixed rates in Singapore.
These days, there are many reasons why you may not want to meet someone face-to-face. Find out how you can apply for home loans in Singapore without ever needing to meet someone!
Should you choose a SIBOR rate for your housing loan in Singapore? What is the difference between 3 month SIBOR and 1 month SIBOR? Learn more about the Singapore Interbank Offered Rate and why it is so crucial to your mortgage.
The mortgage market is like a train threatening to go off the rails. Left to their own devices, homeowners have to spend hours researching through multiple diverse home loan packages offered by several banks in Singapore, or they risk choosing poorly. Mortgage brokers are the solution.
On 5 February 2020, Mortgage Master CEO David Baey was interviewed by Michelle Martin on Money FM 89.3 about choosing the best mortgage loan. Here is the interview transcript.
A board rate is a home loan interest rate that the bank determines internally. There is no transparency to you and me. How this rate is decided and what benchmarks are used are not revealed to the public. Read on to find out why you should avoid these home loan packages.
Confused about mortgage loans and what they mean in Singapore? What is the meaning of fixed rate home loans or SIBOR? We help you make sense of home loan rates.