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Fixed, floating or hybrid: Which home loan package works for you as interest rates rise
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DBS, Singapore's largest lender, removed its five-year fixed rate HDB package on June 28, 2022.
PHOTO: ST FILE
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SINGAPORE - Some home owners who had taken up floating rate loan packages may face a reality check as mortgage rates threaten to go through the roof.
Experts note that they could encounter issues switching to a fixed-rate package, with some banks such as Maybank and Standard Chartered axing such offerings in recent months.
