Entries by Darren Goh

SIBOR Has Dipped To 1.68%

1-month SIBOR has just dipped below 1.70% for the first time in a long while – to 1.68550 (as of 16 Jan).  3-month SIBOR is trading at 1.74037 with the gap between the two widening just a little. In line with our forecast for 2020, SIBOR is pretty much going to trade in a narrow band.  With […]

Interest Rate Up or Down In 2020?

Happy New Year to all readers of this blog! As we start a new decade of the 2020s, let me wish everyone all the best in this decade and let’s make it the best 10 years yet (no matter what age you’re at!).  For inspiration, I like to borrow the words uttered most recently by UK […]

Time To Invest In London Property?

“No ifs, no buts and no maybes”, said Boris Johnson in his victory speech where he promised to “get Brexit done on time, by 31 January”. The Conservative Party in UK has scored a landslide victory and achieved a majority in Parliament of 365 seats to take Britain out of the EU come January 2020.  In […]

US Economy: Fed On Hold For 2020

US Fed just ended its final FOMC for the year with a policy statement that is largely in sync with what the market is expecting to hear – it will be a wait-and-see for 2020. Unless there is a sudden deterioration in the US economy as a result of prolonged trade tensions between US and China, […]

5 Things Most Homeowners Overlook When Refinancing

For many homeowners and property investors in Singapore, refinancing has become commonplace after one’s lock-in is over.  It will be silly not to compare and to assume one’s existing bank will always offer the best rate.  Over the years (since we started in 2014), we see more and more people opting to refinance through a professional mortgage […]

DBS Home Loan

[Updated as of 02-Jan-2020] 8 Benefits Of DBS Home Loan DBS boasts of holding the titles of “World’s Best Bank” (and equivalent) concurrently by Euromoney, The Banker and Global Finance.  More importantly, it has also won multiple accolades of “World’s Best Digital Bank” and being recognized widely for its push into digital solutions and frontiers in […]

Quick To Rise But Slow To Fall

Sounds like transport fares? Or electricity tariffs? Petrol prices? What about mortgage interest rates?  The same is observed when it comes to movements of mortgage loan pegs.  These are used to adjust interest rate for home loans.  In Singapore, there are generally three types of pegs – SIBOR, BOARD or FDR (fixed deposit rate home loans).  The last […]

UOB Home Loan

[Updated as of 2-Jan-2020] Benefits Of UOB Home Loan United Overseas Bank (UOB) is one of the Big 3 banks in Singapore incorporated in 1935, with headquarters in Singapore.  It has an unrivalled presence in Southeast Asia with a global network of more than 500 offices. For its mortgage business in Singapore, UOB offers extensive range […]

Fed Cuts For The Third Time

As widely expected US Fed cuts the fed funds rate for the third time this year to a range within 1.50-1.75%, following its latest Oct FOMC. However, it also dropped the language from previous statements “to act as appropriate to sustain the expansion”, signalling it may now pause rate cuts unless the economy deteriorates.  Recent signs […]