03 Jun '11, 7pm

Is it a Good Time to Borrow Money Now?

Is it a Good Time to Borrow Money Now?

With interest rates in Singapore close to their all-time lows, it may feel like a good time to go out and borrow money. Certainly the buoyant housing market can be at least partially attributed to low mortgage rates which increase the affordability of a property purchase. In this article we’ll take a look at where interest rates are in Singapore relative to their history, what typical interest rates for different types of loans are currently, and consider whether it’s a good idea to go out and take a loan now.

Full article: http://thefinance.sg/2011/06/03/is-it-a-good-time-to-borr...

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