24 Feb '15, 2am

#Property professionals making 60,000+ X-Value calculations to find value of #Singapore #home

How much more can we expect the SIBOR and our mortgage rates to increase in 2015? There are two schools of thought. Some analysts think that the 3-month SIBOR could increase to 1% or above, believing that the US Federal Reserve will raise interest rates and the Singapore dollar will continue to depreciate due to the global movement to US dollars. If this turns out to be the case, then we can expect our current private mortgage rates of 1.5-2% to go up. The other school of thought looks at the world’s struggling economies and is not so sure that the US Federal Reserve and other Central Banks will increase interest rates. They see low inflation in the States, disinflation in Europe, and an upcoming presidential election as reasons for the Federal Reserve to take a pass on raising rates in 2015. Since no one knows for sure how interest rates will change in 2015, all we can do...

Full article: http://srx.com.sg/ask-home-prof

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