How to find the best home loan package The best home loan can allow home owners to save money, pay off the home loan faster and reduce rates volatility. What’s the ‘best’ for one borrower might not be the same for another. What is the best home loan? The short answer is there’s no one best […]
Consumers are being left with home loans larger than they need or can afford because the mortgage broking industry is rife with conflicts of interest, a new report reveals. Continue here
HDB puts 8,748 flats up for grabs4,802 of which are BTO ones. The Housing Development and Development Board launched 8,748 flats under the May 2017 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise.
What is an interest only loan? An Interest Only home loan is one where the monthly payments cover only the interest on the loan and the capital amount borrowed is repaid at the end of the loan. This allows investor to minimise the mortgage repayments in the first few years, while hoping for the asset […]
How to buy a unit at a new property launch Ready to buy a new property? Before you place a deposit for your dream home, lets walk though the steps. Step 1: Check your financials a) Upfront cost Booking Fee 1%-5% Buyer’s Stamp Duty is computed on the purchase price or market value of the […]
Note: Fixed rate figures refer to average rates compiled from that quoted by 10 leading banks and finance companies. * Interbank rates are the closing offer rates quoted by money brokers. Source MAS.
Financial price comparison sites face lack of consumer’s confidence. The battle of price comparison sites in Singapore may not be in full swing yet but Singaporeans are in no doubt receptive of this kind of service. Price comparison sites help Singaporeans find a good deal by scouring the market to present them with the best […]
When there is a Will, there is a Way In the movie “My Life”, Michael Keaton starred as a successful corporate high-roller with his wife (Nicole Kidman) expecting their first child. Suddenly, their lives ground to a stop when he was diagnosed with terminal illness and was dying. After picking himself up, Keaton then focused […]
Where Should the Can be Headed? Ever since the historical US’s AAA rating cut by S&P in Aug 2011, investors have been befuddled with a global investment market driven largely by incessant political waggling and confusing economic jargons. In a bid to stem further raising of the US “debt ceiling”, the Budget Control Act required […]
Selecting a lender As the hype grows in Singapore over the investment of overseas property, a key consideration for potential buyers is their source of fund to pay for the property. Not many are lucky enough to be able to pay for the entire property using equity and thus, most buyers would need a loan. […]