S'pore mortgage rates roughly double in 6 months, set to rise further, say property analysts - TODAY


5/6/2022 12:00:00 AM2 years 11 months ago

SINGAPORE — Median mortgage rates have roughly doubled here over the last six months as the global effort by central banks to combat inflation through higher interest rates takes a toll on local home-buyers.

Agreeing, Ms Maryanne Phua, head of home Loans at OCBC Bank, said that borrowers should regularly review their mortgage plans.  "For consumers with existing mortgages, it is beneficial to review the… [+3523 chars]

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