Latest / The Straits Times Podcasts
S2E17: Singapore home owners face higher fixed mortgage rates: The Big Story
Synopsis: The Straits Times analyses Singapore's latest news and announcements.
Home loan rates in Singapore hit their highest in years on Tuesday (Oct 4), after banks raised their fixed-rate packages.
UOB launched two-year fixed-rate packages at 3.75 per cent per annum and three-year fixed-rate packages at 3.85 per cent per annum. DBS raised the rates for its fixed-rate packages to 3.5 per cent per annum.
Senior business correspondent Chor Kheing Yuit explains what the new rates mean for home owners.
Produced by: ST Video team
Edited by: ST Video team and Penelope Lee
Follow ST Podcasts…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.