It was an interesting day in Parliament when Dr Jamus Lim of the Workers' Party gave his maiden speech. Of interest to us, the concept of "remortgaging" came up! We discuss what Dr Jamus and Mr Sitoh Yih Pin were actually talking about.
Despite the effects of the COVID-19 pandemic, on top of entering Singapore's worst recession since independence, property prices aren't falling... yet. Our CEO, David Baey shares his insights about what this means for the property market in the near future.
What will the newly elected 14th Parliament be addressing regarding mortgage and housing loan rates? We took a look back at 3 times earlier this year when the 13th Parliament discussed these issues.
When one bank in Singapore announced they were raising their interest rate floor, the backlash was swift. But what is an interest rate floor and are banks allowed to raise it? I mean... it's supposed to be a FLOOR, right?
On 31 March 2020, MAS announced a slew of financial relief measures for individuals, especially those affected by the COVID-19 pandemic and the economic downturn. So should you apply for mortgage deferment?
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%.
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.