Some local banks’ fixed mortgage interest rates have fallen from all-time highs

Jewel Stolarchuk
Sat, 28 Jan 2023 01:00:22 +0000
Business, SG Economy, Singapore News, Interest rates

SINGAPORE — After a series of sharp increases in Singapore mortgage rates, the fixed-rate mortgage packages of some local banks began to rise and fall, and the annual interest rate of some packages has fallen below 4%. OCBC told MediaCorp’s English-language news site CNA that its promotional rates, launched in mid-December last year, were 4.25% …