SIBOR is generally more stable while SWAP tend to fluctuate more. However 3-month SWAP has recently stayed consistently lower than 3-month SIBOR for an extended period of time. SOR is also very reactive to currency exchange rates.

Which bank offers the best home loan deals?

Interest rates and spreads are not all that matter. Don't ignore the closing costs involved. Different banks can have different customized home loans for you. Don't be surprised if you will save more on a home loan that charges more interest because of the lesser closing costs involved. This is especially so if you know that you will refinance your home loan as soon as the lock in period has expired.

HDB loan or bank housing loan?

Our opinion is to always take a HDB concessionary loan if you are eligible for one. One of HDB's objectives is to to provide affordable housing for the people. While a bank is profit driven.

Top Ten Tips For Home Buyers


Billions of dollars worth or properties are sold every year in Singapore. If you are a property buyer, there are 10 tips you should know.

About You

1) Pay your credit card bills on time. This makes you a lower credit risk and, therefore, a better candidate for a mortgage at the lowest possible  rate. this includes your car loan, personal loan, study loan, etc.

2) Check and update your credit report before starting to look for a home. Credit reports are used by lenders to determine your risk level. watch out items that have been misrepresented.

3) Determine what monthly mortgage payment you realistically can afford. Calculators to determine this can be found at

4) Take time to learn important terms and understand their meaning. talking to property agents and mortgage brokers will help.

About Your Loan

5) Get a loan approval first to find out what you can afford.

6) Shop around. Compare the different types of loans and interest rates structure offered by different lenders. a mortgage broker can help you do this in a very short time.

7) Understand the deal. Ask about closing costs and other fees before you sign the documents.

8 ) Work interactively with a mortgage lender. Your lender will likely need to talk with you from time to time and may need additional information.

About Your Home

9) Avoid emotional buying. determine what you really need in a home and at what price. then stick to the list you made.

10) View as many homes as possible. decide on a purchase based on your own opinion.