DBS 2-year fixed rate

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CastielSG

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First 2 years fixed at 2.05, FHR8 (currently 0.95)+1.1 thereafter

Worth it to refinance to this?
 
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d5dude

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CastielSG said:
First 2 years fixed at 2.05, FHR8 (currently 0.95)+1.1 thereafter

Worth it to refinance to this?
Click to expand...

Fixed for what? US interest rates are going lower very soon, Sibor tends to track that closely so its better to take a floating sibor package if you want to benefit from that.
 
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SBC

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Ok, if the rates are expected to be flat.

No point when we all know that the rates will be dropping “very soon”
 
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McFadden

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d5dude said:
Fixed for what? US interest rates are going lower very soon, Sibor tends to track that closely so its better to take a floating sibor package if you want to benefit from that.
Click to expand...

you mean the interest rate of the amount they lend to people?
 
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