In Singapore, the ever-changing housing market mortgage rates significantly influence personal financial health and the broader economy. While home loan rates were on the rise in 2022 and 2023, recent global economic developments suggest potential rate cuts in the near future. These possible reductions could provide substantial relief, making home loans more affordable, encouraging new buyers to enter the market, and providing a crisp home loan comparison to existing homeowners. This blog examines how these changes might affect the home loan landscape.