mortgage loan

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Is It A Good Time Now To Take Up A Fixed Rate Mortgage Loan?

It seems that the housing market in Singapore is finally seeing some light, after recent data showed that the private property index increased 0.5% in Q3, its first uptick after 15 periods of decline. This implies that the worst might […]

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Why 2017 Is A Good Year To Buy A New Home

Are you one of those who has been thinking about buying a new home but is trying to catch the bottom? Well, we all know that catching the lowest price is always difficult, but you can probably make do with […]

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6 Key Moments In Life Where You Need To Review Your Finances

Maybe you are living from paycheck to paycheck, or perhaps you are one of those who has started out saving half of your salary every month since you’ve started working. But our financial situation and priorities change as we grow […]

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20, 25 Or 30 Years… Should I Choose A Shorter Or Longer Home Loan Tenor?

At first glance, the answer seems pretty obvious to most people. Short loan tenor means less interest to pay over the loan tenor, so it must be better right? Well, we wish everything were as straight-forward. After all, there’s a […]

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“My Home loan was turned down…” – Why & How to Prevent it from happening

So you’ve found your dream home and is now awaiting the approval of the home loan when you get a rude shock from the bank to know that the loan application was rejected. How did this happen? You try to […]

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What To Do When Your Mortgage Loan Becomes Unaffordable

It’s official, Singapore’s home prices are considered “seriously unaffordable”. According to the 12th Annual Demographia International Housing Affordability Survey, Singapore has a “seriously unaffordable” rating of 5.0. Yet, the percentage of home-ownership in Singapore remains extremely high at more than […]

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The DBS May Day 1% Home Loan Offer – Should You Sign Up?

I recently logged into my ibanking account on DBS and saw that DBS is running a May Day Home Loan offer – 1% fixed rate for the first year. I did a double-take; while I’m not looking at taking a […]

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10 Mortgage Jargon Everyone Should Know Before Taking A Home Loan

Singapore is ranked number 4 as one of the world’s highest cost of living and not surprisingly, among the top 10 most expensive cities to buy a property. Yet, it seems almost a given that most Singaporeans are home-owners, or […]

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Understanding Mortgage Payments – Progressive Payment Scheme

When looking at buying a new home, many buyers do their homework diligently – location search, ensuring they choose the best mortgage loans and making sure they meet all the eligibility criteria. But when it comes to payments, many may […]

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Mortgage Insurance – Is it necessary?

While there’s a lot of talk about buying health insurance or taking a mortgage loan, people seldom mention mortgage insurance. So what exactly is it? Will it help you and do you need it? Let’s find out. What is Mortgage […]

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Rising SIBOR Rates – The FHR Mortgage Loan Might Be Your Best Choice For Now

With the recent rout in Asian currency markets, the Singapore dollar is not spared, especially after China de-valued the Yuan. While the Singapore dollar fell, the benchmark interest rates(SIBOR) rose to hit close to one percent, potentially increasing the cost […]