fixed rate mortgage loan for private property

What Now That QE3 Has Officially Ended

Expect Rate Rise Earlier Than Expected

 

As most are aware QE3 has officially ended last month.  And in a surprising more hawkish tone in its statement following US Fed latest meeting last month, it highlighted “substantial improvement” in the jobs outlook and underlying strength in the broader economy with inflation being held down by lower energy prices.

 

Most analysts still expect rate rise to begin sometime in the middle of 2015 with Fed keeping to its language that it will keep rates low for a considerable time.

Compare All Latest Rates 2018

 

Here at MortgageWise, we think that a lot depends on the labour market statistics over the next few months which we will be watching closely for you.   With stock market surviving the mini scare in jittery October month and with most Wall Street (76%) reporting profits for 3rd quarter that has shot pass expectations, it does seem that labour market will tighten further leading to likely earlier rate revision than expected.

 

Japan’s surprised stimulus along with more aggressive measures from ECB will likely also bolster global market sentiments as we near the traditional feel-good end of the year period.

 

Compare All Latest Rates 2018

 

 

Share This :
Facebookgoogle_plus

About Darren Goh

Darren Goh is the Executive Director of MortgageWise.sg, a thought leader in the Singapore mortgage industry, with frequent interviews and quotes by the press - Business Times, Straits Times, Zaobao and EdgeProperty for his views on the latest mortgage trends. He is an avid property investor with careers in banking & real estate before becoming an entrepreneur.
View all posts by Darren Goh

CALL 6221-1089

(8AM to 10PM Daily)

LATEST RATES

Search Criteria






Follow Us

Facebookgoogle_plusyoutube