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More Singapore home buyers eyeing floating-rate loans, say mortgage brokers
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Sora rates were between 2.2 per cent and 2.3 per cent as at June 2, a drop of at least 1.2 percentage points.
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SINGAPORE – More home owners are considering floating-rate mortgages as the benchmark rate for such loans in Singapore continues to fall, say mortgage brokers.
The uptick is not across the board, however, as many people are still keen on fixed-rate loans for greater financial certainty, they told The Straits Times.
