3 Answers

Hi there,

I suppose yours is a floating rate loan. Several analysts and economists predicted the SIBOR to reach 1% by end-15 and 2% by end-16. It seems like the SIBOR accelerated more than expected.

Does your loan has any lock-in period? If no, you are advised to refinance your loan given that the redemption fee is nominal sum compared to the interest savings.

I have a group of mortgage specialist across various banks for your selection. I can just ask them to give you a ring without going down to the respective branches. Have you heard about interest rate pegged to fixed deposit rate? Call me for non-obligatory discussion at 9388-8752  .

Warmest regards
Travis Seah
R052758D
Huttons Asia Pte. Ltd.
 9388-8752  Read More
0
Hi,

Do contact me at 96659926  so that I can link you up to my network of bankers to illustrate an array of choices and rates for your consideration.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

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Dear sir/madam,

In considerations that you have no lock in period over your current home loan for the EC, there is no harm to shop around to consider refinancing the home loan to enjoy better interest rates (lock in) should time and schedule allows you to sit and discuss with the bankers. Alternatively, you may wish to speak to a mortgage broker who may have a comprehensive set of solutions for you.

Let me know if you need a contact.

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