16 Nov '17, 3pm

15 Mortgage Terms You Should Know Before Taking A Home Loan

15 Mortgage Terms You Should Know Before Taking A Home Loan

Singapore is first in many things, but we aren’t quite sure we should be proud of the fact that we have been named as the world’s most expensive city once again. While we may not feel the pinch when buying daily groceries and eating at the hawker centers, the picture is a world of difference when it comes to owning a car and buying a property. Sky-high car and home prices here in Singapore are definitely shocking compared to those in other countries. However, those living here might already be so used to the situation of having to take out a loan when it comes to buying a roof over our heads. In fact, the little red dot has quite a good score of home-ownership that’s over 90%. Obviously made possible only with the help of mortgage loans, as most of us are definitely not millionaires. Since it is quite the Singaporean dream to have a property to our name, it makes sense for...

Full article: https://www.iproperty.com.sg/news/15-mortgage-terms-you-s...

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