Best-Housing-Loans

Best Housing Loans for New Homeowners in Singapore

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Best Housing Loans for New Homeowners in Singapore Singapore’s residential property market is finally awakening from a four-year slump. A recent survey by Bloomberg indicates that the winter may be over and analysts anticipate that the residential property market will experience a resurgence of up to 5.5 percent. However, higher housing loan rates might be […]

The Advantages and Disadvantages of Mortgage Loans

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The Advantages and Disadvantages of Mortgage Loans For the majority of people, it’s almost impossible to buy a home without a mortgage loan. Putting hundreds of thousands of dollars together and buying a home is a privilege for only a few people. Homebuyers scrape together as much of the deposit as possible, and they collect […]

5 Important Facts about Mortgage Loans You Should Know

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5 Important Facts about Mortgage Loans You Should Know Singapore property prices are permanently elevated mainly because land is scarce and incomes are reasonably high. However, Singapore has one of the highest home-ownership ratios in the region, if not globally.   The government has put in place sufficient measures to make home-ownership affordable to the […]

Facts to Consider When Picking a Home Loan Package

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Facts to Consider When Picking a Home Loan Package In a free market, the beneficiaries of competition are often the customers. But it’s not always a rosy picture, especially when the commodity must be of a high quality and requires substantial financial commitment.   Such is the dilemma prospective homeowners’ face when they compare housing […]

Quick Tips on Finding the Best Mortgage Loan Rate

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Quick Tips on Finding the Best Mortgage Loan Rate What is the most critical parameter to a mortgage? The interest rate. Interest is the price paid for the borrowed capital and it varies from one institution to another. Due to the considerable influence of the free market on the mortgage industry in Singapore, prices and […]

Types of Housing Loans in Singapore

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Types of Housing Loans in Singapore The most popular forms of housing loan packages in Singapore are the fixed rate and floating rate, which are pegged to the Singapore Interbank Offered Rate (SIBOR). However, many housing loan packages come with various lock-in periods ranging from no lock-in to a one-year, two-year or three-year locking. The […]

Can I Cancel My Home Loan Before Settlement?

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Can I Cancel My Home Loan Before Settlement? Getting a home-mortgage is a time-consuming and stressful exercise. You need to have a good credit standing and have to comply with the many legal requirements of your bank. But sometimes, problems may arise and you may want to cancel that hard-earned mortgage before maturity.   Cancelling […]

 
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