8 results for 'floating-rate'

Interest rates continue to climb in 2023. The US Fed Funds rate could reach 5.25% to 5.50% this year. Fixed rate home loans guarantee a fixed rate for 2 to 5 years, which could be preferable for those who want a fixed monthly mortgage payment. See if a fixed rate home loan is the right choice for you.

Home loan refinancing, home loans, fixed and floating rate home loan are terms that can be confusing. This a guide on all the basics. When taking out a bank property mortgage in Singapore, you can choose between a fixed and variable rate house loan. Don't know where to start? Here's all you need to know about them.

Bank home loans offer low mortgage rates from just 1%. From DBS, OCBC, UOB to Citibank and Standard Chartered Bank, you have many choices of fixed and floating rate packages. Can't decide which to choose? Here's a handy guide.

Alongside hikes in the US Federal Reserve interest rates, banks are adjusting their interest rates for home loan packages. As the costs of borrowing increase, here are 3 are ways homeowners can cope.

Mortgage repayments are basically instalments to slowly repay your home loan. How much you pay depends on your loan quantum, mortgage rate and loan tenure. Here's everything to know about mortgage repayments in Singapore.

The London Inter-bank Offered Rate (LIBOR) is a benchmark which measures the average interest charged on the London interbank market. It is based on the USD, Euro, British Pound, Japanese Yen and Swiss Franc, with the 3-month USD rate being the most commonly used rate.

Even with a loan, the amount of money you can borrow depends on many factors – your salary, the Loan-to-Value ratio, the Mortgage Servicing Ratio, and more. To a first-time homebuyer, it can be complicated to work out what you can afford to buy.

For those who are new to the home loan scene, a world of acronyms awaits. Among the most commonly stumbled upon is SIBOR – the Singapore Interbank Offered Rate. SOR, or the Singapore Swap Offer Rate, follows closely behind.