Singapore Floating Rate Mortgages Gain Appeal as Benchmark Rates Drop
Key Points
- Singapore mortgage rates drop to 2.2%, easing homeowner conc...
Tired of playing "Will My Mortgage Rate Give Me a Heart Attack?" Well, Singapore homeowners are breathing a collective sigh of relief as benchmark rates finally decide to take a chill pill, dropping to 2.2% from that nerve-wracking 2.8% earlier this year.
Money In The Bank (Literally)
Let's talk numbers, and these are some juicy ones. Singapore households are sitting pretty with assets worth S$3.49 trillion (yes, with a T), up 7.8% in Q1 2025. Sure, liabilities climbed 5.2% to S$384.1 billion, but when your assets-to-liabilities ratio is looking this good at 11%, you're basically winning at...
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