29 May '12, 11am

Two bold predictions for Singapore

Two bold predictions for Singapore by Patrick See on May 29, 2012 If you have been following my posts – risk management, the following will impact most of us There will be a major change in the insurance industry as Singaporeans are getting more insurance savvy and demand for better and suitable products In housing loans, while most of you have been debating and timing between fix, floating or hybrid interest rates, did most of you measure the future affordability when rates increase to 3-4%. As a result where would most of you have the additional cash to finance the mortgage loans. Since the financial crisis/Lehman back to 2008, Singaporeans have been enjoying competitive housing interest rates for almost 4 years. As always, most Singaporeans fail to see financial impacts ….. BUT When (2) occurs (it will definitely occur as a result of global growth), situations will occu...

Full article: http://thefinance.sg/2012/05/29/two-bold-predictions-for-...

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