Will SG banks raise mortgage interest rate?

SBC

Arch-Supremacy Member
Joined
Mar 19, 2001
Messages
19,623
Reaction score
1,224
DBS adjusted my interest rate from 1.63% to 1.78%. Second adj in 2 months.
 

Solano

Senior Member
Joined
Jan 1, 2000
Messages
2,470
Reaction score
2
Just got letter from DBS to adjust from 1.65% to 1.95% w.e.f 24 Sep, which is just one day before Sep FOMC meeting on which the Feb will hike interest rate by 25bp.
 

final1

Master Member
Joined
Nov 6, 2005
Messages
4,827
Reaction score
986
Just got letter from DBS to adjust from 1.65% to 1.95% w.e.f 24 Sep, which is just one day before Sep FOMC meeting on which the Feb will hike interest rate by 25bp.

Bank of China has a package.
Fixed 1.85% first year.
Fixed 1.90% second year.
Fixed 1.95% third year.
Variable then on.
 

Nanonited

Master Member
Joined
Apr 9, 2004
Messages
3,255
Reaction score
604
Are the other banks hiking? Seems like dbs is the only one hiking twice in such a short period?
 

kage

Arch-Supremacy Member
Joined
Jan 1, 2000
Messages
22,793
Reaction score
10,275
Faster raise interest rates, so my bank interest rates also higher ...raise more ... more kee kee :)
 

SBC

Arch-Supremacy Member
Joined
Mar 19, 2001
Messages
19,623
Reaction score
1,224
Let’s see how many weak investors will be affected these 2 years.
 

0limshs

Junior Member
Joined
Mar 22, 2018
Messages
75
Reaction score
0
Saw in today’s newspaper.
M2JCiIk.jpg
 

wai

Arch-Supremacy Member
Joined
Sep 1, 1999
Messages
17,391
Reaction score
0
which bank is best to convert HDB loan to bank loan?
 

SBC

Arch-Supremacy Member
Joined
Mar 19, 2001
Messages
19,623
Reaction score
1,224
Let’s see how high interest rate will reach next year.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top