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| Jan 12, 2009 | |
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Pay-interest-only deal
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| By Goh Eng Yeow | |
| HOME owners with mortgages at DBS Bank can ease some of their financial burden by opting to pay only the interest on their loans for periods of up to 18 months.
The bank sees the scheme as a way of helping cash-strapped borrowers who are worried about their ability to repay their mortgages amid the deepening economic gloom. The scheme could potentially benefit 'tens of thousands' of borrowers with home loans at DBS. Read the full report in Tuesday's edition of The Straits Times. | |
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