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ST: The Big Story, 29 June - What higher bank mortgage rates mean for home buyers
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with Invest editor Tan Ooi Boon on ways home buyers can deal with rising home loan rates. Singapore's largest lender DBS Bank has raised the rates on all its home loan packages on Tuesday, following similar moves by UOB and OCBC. The bank also scrapped its five-year fixed-rate package for HDB home owners, which used to offer loans at 2.05 per cent.See omnystudio.com/listener for privacy information.
The skinny
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