Category: Finance

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UOB launches fully digital home loan service

UOB launches fully digital home loan service

Prospective home owners will now find it easier to apply for home loans with the launch of United Overseas Bank’s (UOB) fully digital home loan system ...

July rush to buy Singapore property may boost mortgages: DBS

DBS Group Holdings said that the recent rush buy property ahead of the Singapore government's latest price cooling measures may give a temporary boost ...

SGD slips; Sibor, SOR higher following Fed hike

AS expected, the Singapore dollar fell and local interest rates rose on Thursday following the interest rate hike by the US Federal Reserve. The Fe ...

MAS fine-tunes refinancing rules under TDSR framework

The Monetary Authority of Singapore (MAS) said on Thursday (Sep 1) that it is fine-tuning the refinancing rules under the Total Debt Servicing Ratio ( ...

A deleveraging nudge from fine-tuning of TDSR rules on refinancing

The Monetary Authority of Singapore’s recent fine-tuning of refinancing rules relating to the total debt servicing ratio (TDSR) governing property loa ...

MAS adjusts TDSR rules for refinancing; cooling measures to remain

THE Monetary Authority of Singapore (MAS) on Thursday refined rules behind the total debt servicing ratio (TDSR) framework that would allow overlevera ...

UOB suspends London property loans after Brexit

United Overseas Bank (UOB), Singapore's third-largest lender, has suspended its loans programme for London properties in the wake of uncertainties cau ...

Applying for a loan? Find out your credit standing

Starting next month, consumers applying for a new credit facility with a bank or financial institution will be told they can get a free copy of their ...

1 in 5 HDB loan applicants asked for larger loans: MND

The Housing and Development Board (HDB) approved 200,000 applications for an HDB Loan Eligibility letter between 2012 and 2015 and of these, one in fi ...

Manage the impact of interest rates

After nearly a decade of lingering at low levels, interest rates have been on the rise for the past year, and economists had forecast continuing incre ...
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