Banks in S'pore raise fixed-rate mortgage loans; Sora-pegged loans still relatively cheaper

Citibank was the latest to raise interest rates on its fixed-rate loans, though several other banks also raised their rates recently. PHOTO: ST FILE
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SINGAPORE - Home owners will have to fork out more for their fixed-rate mortgage payments after some banks here raised their fixed interest rates in anticipation of further rate hikes in the United States.

Citibank was the latest to raise interest rates on its fixed-rate loans on Friday (May 6).

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