Understanding Mortgage Rates in Singapore

Dollarbackmortgage26 Aug, 2024Business

This post aims to delve deep into the factors driving current mortgage rates, explore the likelihood of future rate adjustments, and offer strategic advice to help homeowners manage these challenging economic conditions.In Singapore, the landscape of mortgage rates is influenced by global and local economic factors. Primarily, decisions by the US Fed play a critical role, as changes in their interest rate policies directly affect global financial markets, including those in Singapore.