Entries by Darren Goh

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 01-Dec-2019] 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 1-Dec-2019] 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 […]

OCBC Home Loan

[Updated as of 01-Dec-2019] 9 Benefits Of OCBC Home Loan Overseas-Chinese Banking Corporation (OCBC) is one of the Big 3 banks in Singapore formed after mergers in 1932, with headquarter in Singapore.  It claims a position of the second largest financial services group in Southeast Asia by assets, with key markets in Singapore, Malaysia, Indonesia, and […]

Still Undecided – Fixed Or Floating Rate?

US Fed has cut rates twice this year in July and September, bringing the federal funds rate down by 50 basis point to below 2% now.  All eyes are now on their next FOMC meeting at end of the month, October 29-30. Still, SIBOR (Singapore Interbank Offer Rate) has stayed fiercely stubborn in the last four […]

Australia Interest Rates Free Fall?

RBA, the central bank of Australia, has cut interest rate last week (4 Oct) as widely expected for the third time in less than 6 months – the official cash rate has now crashed below 1% to 0.75% following consecutive cuts back in June and July. The Big Four banks of Australia – CBA (Commonwealth […]