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S'pore home owners to face higher interest rates for home loans

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Rate-increase expectations have resulted in an across-the-board rise in fixed home loan rates.

ST PHOTO: LIM YAOHUI

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SINGAPORE - Home owners will have to brace themselves for higher interest rates for home loans - whether floating or fixed - as rates in the United States go up.
The US Federal Reserve raised rates by 25 basis points this week, and has signalled that there will be more hikes this year.
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