Home mortgage rates in Singapore may stay elevated for longer after US Fed delays rate cuts
02:55 Min
Some market watchers expect home owners in Singapore to pay elevated mortgage rates for a little longer, with an expected percentage point dip in interest rates now likely to happen only at the end of next year. This comes as the US Federal Reserve is cutting interest rates more slowly than expected, as inflation remains high. Rebecca Metteo with more.
13 Apr 2024 10:46pm
Some market watchers expect home owners in Singapore to pay elevated mortgage rates for a little longer, with an expected percentage point dip in interest rates now likely to happen only at the end of next year. This comes as the US Federal Reserve is cutting interest rates more slowly than expected, as inflation remains high. Rebecca Metteo with more.
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