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21-02-2023, 04:00 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
https://www.bloomberg.com/news/arti...ity-tipping-point?srnd=premium-asia#xj4y7vzkg (https://www.bloomberg.com/news/articles/2022-10-05/singapore-banks-mortgage-hikes-near-affordability-tipping-point?srnd=premium-asia#xj4y7vzkg)
Singapore’s near decade-long spell of low interest rates has ended, with mortgage rates nearing an affordability tipping point that may hit borrowers’ disposable income and dent buyer demand.
The country’s biggest lender, DBS Group Holdings Ltd. (https://www.bloomberg.com/quote/DBS:SP), raised the fixed rate on all of its home loan packages to 3.5% on Tuesday, according to its...
Read more (https://www.sammyboy.com/threads/singapore-banks%E2%80%99-mortgage-hikes-near-affordability-tipping-point.329443/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/singapore-banks%E2%80%99-mortgage-hikes-near-affordability-tipping-point.329443/).
https://www.bloomberg.com/news/arti...ity-tipping-point?srnd=premium-asia#xj4y7vzkg (https://www.bloomberg.com/news/articles/2022-10-05/singapore-banks-mortgage-hikes-near-affordability-tipping-point?srnd=premium-asia#xj4y7vzkg)
Singapore’s near decade-long spell of low interest rates has ended, with mortgage rates nearing an affordability tipping point that may hit borrowers’ disposable income and dent buyer demand.
The country’s biggest lender, DBS Group Holdings Ltd. (https://www.bloomberg.com/quote/DBS:SP), raised the fixed rate on all of its home loan packages to 3.5% on Tuesday, according to its...
Read more (https://www.sammyboy.com/threads/singapore-banks%E2%80%99-mortgage-hikes-near-affordability-tipping-point.329443/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/singapore-banks%E2%80%99-mortgage-hikes-near-affordability-tipping-point.329443/).