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After Fed’s rate cut, where are Singapore interest rates and home loans headed?

Home owners hoping for some relief from their monthly mortgage repayments may be in for some disappointment, even if a benchmark local interest rate, which many home loans are pegged to, has edged down following a recent rate cut by the US Federal Reserve.

This as some banks have begun trimming their home loan interest rates as early as April in anticipation of the Fed’s move.

– 16 Aug 2019

Read more at https://www.channelnewsasia.com/news/business/fed-rate-cut-singapore-interest-rates-sibor-mortgage-home-loans-11809388

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