Are you a homeowner in Singapore? If so, there is a high chance that you still carry a mortgage loan. Do you want to know how your fellow Singaporeans choose their home loan package? How is the current interest rate environment affect your mortgage loan repayment? The last time I urged you to refinance your […]
Will you give it a yawn when you hear the news that the interest rate hike is coming? You may yet to realise how deeply this will affect you and your money. For a start, when the US Federal Reserve increases their interest rates, it is not only an American thing. US interest rates matter […]
When it comes to investment, the first thing that comes to your mind is probably investing in stocks. People argue about stock investment all the time. Market goes up, market goes down. This stock is good, that stock is bad. But where do you put your money when no stock market is worth investing now? To some people, […]
In Singapore, most banks use Sibor to determine the interest rate of their home loan packages. Sibor stands for “Singapore Interbank Offered Rate”. It is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Singapore wholesale money market (or interbank market).
By now, you should have known that the era of ultra-easy money is drawing to an end for Singapore mortgage holders. Singapore’s domestic interest rates are rising at their fastest pace in a decade. How fast can this continue? how much can it grow? The three-month Singapore interbank offered rate (Sibor) is commonly used to set the […]
Oil, oil and it is oil again. The whole world is closely observing the oil prices, are you? Is the lower oil price doing any good or bad to your investment portfolio? How should you position your investments in 2015? The impact of falling oil prices to global economy and your investment is a complex subject, […]