Mortgage Broker, should I use one? How a mortgage broker can save you time and money? Mortgage brokers are specialist that are well versed with the banking loan process and have access to hundreds of mortgage and loan packages across many banks. Mortgage ... ( read original story ...)
Singapore bank lending dips in January over December, on slight fall in business loans
SINGAPORE - Bank lending in Singapore dipped by a marginal 0.04 per cent in January from a month ago, after rising 1.1 per cent in December, as business loans weakened skightly. Loans through the domestic banking unit - which captures lending in all ... ( read original story ...)
HDB Loan vs Bank Loan – What Should You Consider?
If you are considering purchasing a home in Singapore, you have two options: HDB or private properties. For those buying a HDB flat, which represents about 80-90% of the market, deciding on whether to get a HDB concessionary loan or a HDB bank loan can be ... ( read original story ...)
Best fixed-rate mortgages: two, three, five and 10 years
Rates on two, five and 10-year fixed deals have fallen following a surge in late 2015, when Mark Carney, Governor of the Bank of England, made comments suggesting that a rate rise was imminent. Now, they appear poised to head back up again. Wholesale ... ( read original story ...)
8 Home Loan Terms Borrowers Need To Understand Before Taking Up Mortgage
For instance, if the property is worth S$800,000 and you took out at mortgage loan of $560,000, your LTV is 70%. In Singapore, most banks offer mortgage loans up to a maximum of 80% LTV, while HDB loans can get you up to 90%. The amount the bank can lend ... ( read original story ...
Singapore Says Factors Backing Property Demand to Stay (Correct)
Singapore’s property demand remains "very resilient," supported by factors including low interest rates and a stable economy, National Development Minister Lawrence Wong said. “Our economy is still growing, so I think demand is still healthy and our ... ( read original story ...)
Singapore to retain home curbs for some time
SINGAPORE: Singapore’s residential property curbs are expected to stay for some time as the city-state’s economy remains stable and demand is still “very resilient,” National Development Minister Lawrence Wong said. Singapore home prices fell 3% in ... ( read original story ...)
Singapore's Home Curbs May Stay for Some Time, Minister Says
Singapore’s residential property curbs are expected to stay for some time as the city-state’s economy remains stable and demand is still "very resilient," National Development Minister Lawrence Wong said. Singapore home prices fell 3 percent in 2016 ... ( read original story ...)
Mortgage insurance: What is it and why homeowners should get it
This is especially so for homeowners who reside in a private property. In Singapore, mortgage insurance is also known as a Mortgage Reduced Term Assurance (MRTA) as the sum assured is gradually reduced as the housing loan gets paid off every month. ( read original story ...)
DIARY – Singapore
TUESDAY, FEBRUARY 28 Release of Singapore Bank Lending for January at 1000(0200GMT). THURSDAY, MARCH 2 Release of Singapore PMI for February at 2100(1300GMT). TUESDAY, MARCH 7 Release of Singapore Foreign Reserves for February at 1700 (0900GMT). ( read original story ...)
UOB: Why This Singapore Bank Is a Buy
United Overseas Bank U11.SG 1.3888888888888888% United Overseas Bank Ltd ... Management believes the Fed rate hike impact pass through would lag Singapore Interbank Offered Rate (SIBOR) movements, hence expectations of a later rise in net interest margin ... ( read original story ...)
Goods and Services Tax ( GST Bill)India Explained http://dougleschan.com/the-recruitment-guru/jobsbank-singapore/jobs-bank-singapore-a-total-flop/
A comprehensive presentation on Goods and Services Tax ( GST ) by GreyMatBay. History of GST, its relevance, Impact on Economy, calculation of tax under GST, applicable tax rates, Main provisions of GST, how GST can complement economic growth, its synergy ... ( read original story ...)
DBS launches Hack2Hire to recruit 100 techies for H'bad hub
Singapore's largest bank DBS today said it is planning to hire 100 skilled professionals, in emerging and disruptive technologies across cloud, machine learning and Big Data, for its Hyderabad hub. DBS has launched the recruitment drive 'DBS Hack2Hire' and ... ( read original story ...)
United Overseas Bank : Plan to Issue S$750 Million 3.50% Notes Due 2029
SINGAPORE--United Overseas Bank Ltd. (U11.SG) said Tuesday it plans to issue 750 million Singapore dollars (US$528 million) of subordinated notes due for maturity in 2029. The issuance will be part of the lender's S$15 billion euro medium-term note program ... ( read original story ...)
GOVT Singapore bolsters team post OCBC account win
The second senior account handler hired for OCBC Bank is senior account director Jaslyn Lam, most recently from Saatchi & Saatchi Singapore, where she led the global and regional management of P&G brand, Pampers. Prior to Saatchi & Saatchi, Lam had stints ... ( read original story ...)
Japan’s Largest Bank is Testing Digitized Checks on a Blockchain in Singapore
The Bank of Tokyo-Mitsubishi UFJ, Japan’s largest bank, has chosen blockchain technology as the core infrastructure toward testing the digitization of checks using Singapore’s Fintech-friendly regulatory sandbox installed by the country’s central ... ( read original story ...)