Business Magazine

Housing Loans - What to Choose and What Happens to Your Loans When Interest Rates Goes Up?

Posted on the 17 September 2014 by Sgyounginvestment
There are many loan packages to choose from when you buy a house in Singapore. HDB provides concessionary interest rate to eligible flat buyers at 0.1% above the CPF ordinary account rates. It is currently at 2,6%. But, with the low interest rates environment, banks are offering very attractive low interest rates packages from as low as 1.5%. That is 1% lower than the HDB loans that is being...
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