Singapore Banks’ Mortgage Hikes Near Affordability Tipping Point

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Singapore Banks’ Mortgage Hikes Near Affordability Tipping Point

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05-10-2022, 04:00 PM

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Singapore Banks’ Mortgage Hikes Near Affordability Tipping Point

An honorable member of the Coffee Shop Has Just Posted the Following:

https://www.bloomberg.com/news/arti...ity-tipping-point?srnd=premium-asia#xj4y7vzkg

Singapore’s near decade-long spell of low interest rates has ended, with mortgage rates nearing an affordability tipping point that may hit borrowers’ disposable income and dent buyer demand.

The country’s biggest lender, DBS Group Holdings Ltd., raised the fixed rate on all of its home...

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