Home Loan
3 Ways To Invest In The Property Market Without Buying An Apartment
Half of the top 10 richest people in Singapore are heavily vested in the property market. In land-scarce Singapore and expensive property prices, many dream of having the pockets to invest in this evergreen investment. However, with public housing reaching over $1 million dollars, investing in this market is definitely not for those with shallow… Read more →
Home Loan
6 Factors That Can Increase Your Property’s Value
When buying a property either for investing or staying, there are a number of key factors that can affect the value of your property in the long run. This is especially important in Singapore where land is scarce and property prices can increase exponentially over the years. So other than watching out for a suitable… Read more →
Home Loan
3 Guaranteed Ways To Get Cheaper Home Loans
How to get the best Home Loan Ever wondered why your friend has got a better home loan rate even though both of you took it from the same bank? Well, this is simply because there are just too many home loan products in Singapore that are available with varying types of terms. If you… Read more →
Home Loan
5 Expensive Mortgage Loan Mistakes!
Avoid These 5 Expensive Home Loan Mistakes! A home loan is perhaps one of your biggest financial commitments; you’re going to be in debt for over 20 years! On the brighter side, owning a home can be one of your biggest achievements and satisfaction in life as well – having your own little sanctuary… Read more →
Home Loan
The Hidden Costs of Home Ownership
The Hidden Costs of Home Ownership Looking to invest in a new property now that the real estate market is declining? While it can be a good time to look at buying a new home, it’s crucial that you’ve got all that fits to ensure that you can pay for it. Other than working out… Read more →
Home Loan
Negative Interest Rates and How It Can Affect You in Singapore
Negative Interest Rates and How It Can Affect You Negative interest rates have come into the spotlight recently as the Bank of Japan rattled global markets by adopting negative rates in early 2016, more than 18 months after the European Central Bank became the first major financial institution to venture into sub-zero territory. Beyond all that financial jargon, how does… Read more →
Home Loan
What To Do When You Can’t Afford your Mortgage
What to Do When You Can’t Afford your Mortgage With interest rates increasing and an uncertain economy and jobs outlook, paying a hefty mortgage can take its toll on our finances. While the idea of home-ownership is deeply ingrained in our psyche, paying thousands of dollars for our home mortgage per month can cut deep… Read more →
Home Loan
Great Home Loan Discounts…Or Is It?
Great Home Loan Discounts…Or Is It? With the backdrop of a declining property market, property developers are trying their best to lure potential property buyers with discounts and perks, and banks are doing the same with home loan discounts as well. One of the recent home loan discounts rolled out by DBS in May created… Read more →
Home Loan
A 3-Step Preparation Guide To Paying For Your First Home
Paying For Your First Home It is many Singaporean’s aspirations to own a home in Singapore, and looking at the home-ownership statistics, the country’s government has done well to fulfil a large part of this dream. However, as home prices climbed dramatically in the last few years, it has increasingly become a scary thought to… Read more →
Home Loan
Four Issues To Think About Before Refinancing Your Home Loans in 2016
Refinancing Your Home Loans in 2016 In January this year. The SIBOR and SOR rates hit their highest in seven years. The rates are used commonly to price mortgage rates in Singapore. Spiking rates generally spell trouble for home loan borrowers, as they may find their monthly repayments increasingly higher. Those who… Read more →
Home Loan
5 Money Saving Tips For Home Renovations
5 Money Saving Tips For Home Renovations With property cost so high in Singapore, many buyers are often more concerned with their mortgage loans than renovation costs. However, renovation is often an essential part of making your new property a home to you, and home-owners may not take into consideration the hefty costs involved. Here’s… Read more →
Home Loan
Guide To Singapore’s CPF Housing Grants
An Essential Guide To Singapore’s CPF Housing Grants Property prices in Singapore have been steadily declining and if analysts are right, it’s going to be a long way down. Oversupply of properties, cooling measures such as the Total Debt Servicing Ratio (TDSR) framework and the Additional Buyers Stamp Duty (ABSD) will continue to keep the… Read more →
Home Loan
Basics of Singapore Home Down payment
Understanding Singapore Home Loan Down Payments If only buying a home is as simple as signing some papers and paying a sum of money. Unfortunately, the process to buying a home(even after you’ve chosen the place) is a complicated one, with many processes and fees to complete and pay for. It’s not even just about… Read more →
Home Loan
HDB Loan or Bank Loan
Should You Choose a HDB or a Bank Loan to Finance your Property Purchase? Choosing a mortgage loan to suit your needs is sometimes as important as the property you are buying. It’s a huge financial commitment and you’ll probably be stuck with the loan for a few good years before you can apply… Read more →
Home Loan
Rising Home Loan Interest Rates
Rising Interest Rates And The Best Home Loans To Choose Now With property prices continuing to head south, are you looking to take opportunity of the correction in prices to buy your new home? While the supply glut in residential property would most likely reach a peak in 2016, home loan rates have been… Read more →
Home Loan
Home Loan Fine Prints
Home Loan Fine Prints To Look Out For When it comes to financial products, everyone is concerned about the fine prints involved. This is especially true for mortgage loans, which might be one of the largest liability we’ll take on in our lives. Besides looking out for the ones which offer the lowest interest… Read more →
Home Loan
What’s The Benefit Of Mortgage Insurance?
We’ve heard of insurance for health, accident, car, travel… but have you heard of mortgage insurance? Most importantly, how is it useful and do you need it? Do you need Home Insurance in Singapore? Why Do I Need Mortgage Insurance? A mortgage loan might be the biggest purchase you ever make in your life. Most… Read more →
