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How to Manage Your Home Loan in the Era of High-Interest Rates: Watch Our Webinar

PropertyGuru Editorial Team
How to Manage Your Home Loan in the Era of High-Interest Rates: Watch Our Webinar
Since the start of the year, interest rates have been rising and continue to rise. In tandem, mortgage rates have climbed upwards, more than doubling since January 2022.
Some home loan packages have an interest rate that goes as high as 4.50%. On 16 November 2022, DBS, OCBC, and UOB raised their fixed home loan rates to up to 4.50%! Considering the current interest rate movements, what are some strategies you can employ to manage your home loan?
In this hour-long webinar, join Paul Wee, Vice President – PropertyGuru Finance, PropertyGuru and Ben Goh, Team Lead – Mortgages, PropertyGuru Finance as they help you discover the various options you have to better manage your home loan and maximise your savings.

Managing Your Home Loan In a High Interest Rate Environment

First, our experts will talk about the current interest rate movements and what we can expect in the coming months ahead. Then, they will share the various strategies you can employ to manage your mortgage repayments. Lastly, there will be a Q&A session with the audience.
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Disclaimer: The information is provided for general information only. PropertyGuru Pte Ltd makes no representations or warranties in relation to the information, including but not limited to any representation or warranty as to the fitness for any particular purpose of the information to the fullest extent permitted by law. While every effort has been made to ensure that the information provided in this article is accurate, reliable, and complete as of the time of writing, the information provided in this article should not be relied upon to make any financial, investment, real estate or legal decisions. Additionally, the information should not substitute advice from a trained professional who can take into account your personal facts and circumstances, and we accept no liability if you use the information to form decisions.

More FAQs About Managing Your Home Loan

Most finance their property purchases with a home loan. Even if you have cash to finance the payment of your property, taking a loan and paying in monthly instalments can help manage your cashflow.

Depending on your financial needs and goals, you can choose to clear your home loan early. Speak to our mortgage experts for free, tailored, professional advice.

Using the PropertyGuru mortgage comparison tool, the highest interest rate for a mortgage package offered is 4.75% (as at 16 November 2022).

Interest rates are expected to hit 4%.

Interest rates are expected to continue increasing, moderating only in H2 2023.