Asked by anthony lim
When I bought my property, I maxed out 80% with 45years loan. I'm stuck with the new MAS ruling now.... in 2 years, when my loan's lock in period ends, I will be at the mercy of the bank's floating rate. Monthly payment will shoot up, and there is no way I can refinance with 60% LTV rule. What options do I have to escape the higher floating rate?.. I dont think my property will appreciate 20% in 2 years with all these cooling measures.
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