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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: Information provided on this website is general in nature and does not constitute financial advice.
PropertyGuru will endeavour to update the website as needed. However, information can change without notice and we do not guarantee the accuracy of the information on the website, including information provided by third parties, at any particular time. Whilst every effort has been made to ensure that the information provided is accurate, individuals must not rely on this information to make a financial or investment decision. Before making any decision, we recommend you consult a financial planner or your bank to take into account your particular financial situation and individual needs. PropertyGuru does not give any warranty as to the accuracy, reliability or completeness of information which is contained on this website. Except insofar as any liability under statute cannot be excluded, PropertyGuru and its employees do not accept any liability for any error or omission on this website or for any resulting loss or damage suffered by the recipient or any other person.

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.