S'pore banks raise interest rates on loans for HDB flats
Move follows Fed rate hike, with some packages higher than HDB's offering
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Home buyers in Singapore can expect pricier mortgages as local banks have already begun to raise interest rates on loans for Housing Board (HDB) flats.
The move follows a 75-basis-point rate hike by the US Federal Reserve on June 16, which generally paves the way for lenders globally to follow suit.
