How and where to look for 'cheaper' home loans

New home buyers have to redo their sums to factor in the possible rate increases by the time they sign the deals. PHOTO: ST FILE
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SINGAPORE - Pay less now but risk paying more later. Or pay a higher fixed rate for the next two to three years and enjoy peace of mind.

This is the choice facing home buyers and owners now as they grapple with rate hikes expected to continue following United States Federal Reserve moves to increase borrowing costs to stem rising inflation.

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