BANKS are revising their home loan offerings by increasing spreads in their floating rate packages while lowering their fixed rates as the Singapore inter-bank offered rate (Sibor) plunged in response to the Fed's two off-cycle rate cuts in March.
Recent Posts
Most Popular
Bank of America sees two US Fed rate cuts this year vs none before
President Donald Trump, for months, has been prodding the central bank policymakers to cut interest rates, and several are inclined to