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Tag Archives: mortgage broker

Buying a condominium – How to save and feel less stress

buying a condominium

Buying a condominium is a very big commitment. How do you feel less financially stretched with buying a new home? How to make buying a condominium a less stretched exercise? There are several reasons why people buying their first home feels financial stretched. They have high aspirations and are aiming for a property that is too expensive. The  property prices have …

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DBS FHR-18 Fixed Home Rate to be raised

DBS FHR-18 Package to rise - DBS BANK

It’s official, DBS FHR is up. DBS raised their Fixed Home Rate FHR-18 rom 0.6% to 0.8% on 1st Feb 2018. Fixed Home Rate is pegged to fixed deposit rates that DBS offers to their depositors. FHR-18 stands for Fixed Home Rate pegged to 18-month fixed deposit. Home owners who were on FHR-18 + Spread should have received letters by …

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8 things to consider before you refinance commercial property loan

Buy a commercial property in singapore

by Angeline C Most commercial and industrial property loan packages offer a step-up package. That means, it goes like this (illustration only): – Year 1 = 1.5% Year 2 = 1.8% Year 3 = 3% This means that many owners of commercial properties are compelled to refinance every 2 years or else the interest cost will eat them alive. Commercial property includes …

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Enbloc Sale – Can you lose money from it?

Enbloc - Shunfu ville

When is Enbloc good or bad news? Receiving an enbloc offer for your property is akin to striking lottery. So who wouldn’t be pleased with it? Not everyone actually. Some may have an emotional attachment to their home or location as their family or relatives may have stayed in this development or in this vicinity, still many others dislike the …

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Property Buying Guide – New Launch Building-under-Construction Condo

Buying a property in Singapore is a major investment, and buying a building-under-construction BUC properties heightens the risk. There's no transaction history for you to check, and no way of knowing if the developer will fulfill the marketing hype. Still, you may be convinced by the lower initial costs, or by the high demand for a hot property, or a potential …

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What to look for when buying old or resale condos

Reflections by the bay

While some Singaporeans like their properties shiny and new, another group refuses to buy from a showroom. After being burned from experiences like The Seaview, some buyers only trust what they can see. That's not a bad idea, but you need to know what to look out for. It's a lot more complex than just checking price histories: A note …

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3 things to note about resale HDB flats in 2017

I want to buy HDB resale flat

Resale flat prices jumped significantly in Q2 2017, rising by 32.5 per cent. With a big rebound in sales volumes, it looks like we're on the brink of a big shift in the property market. But what does 2017 hold for those who want to buy resale flats? We take a brief glimpse: Sales volumes are rising, but prices are …

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The factors in getting your condo loan application approved

Now that you know how the upgrading will work, let's look at the biggest issue: getting a loan for your condo. Some banks will embrace you, some will reject you, and some will screw you by changing their mind at the last minute. To make sure things go as smooth as possible, here's how to get that condo loan approved: …

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Mortgage Rates: Will your home loan be affected by Libor problems?

London tower bridge

Sibor was the popular reference from which to price your home loan packages in Singapore. This stands for Singapore Interbank Offered Rate (Sibor). There is also the London Interbank Offered Rate (LIBOR) and Mumbai Interbank offered Rate (MIBOR), Tokyo Interbank offered Rate (TIBOR) and Hongkong Interbank offered rate (HIBOR), just to name a few. Ever since LIBOR came under fire …

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