Residential Mortgage Refinancing in Singapore Heats Up as TDSR Loosens Up and Banks Launch New Promotional Home Loan Deals
Singapore, Singapore, February 27, 2014 --(PR.com
)-- The year of the horse bring cheers to home owners as the central bank loosens debt servicing ratio assessments, commonly known as TDSR, for owner occupied home mortgages and banks launch new promotional housing loan packages to capture demands.
Updates to the new home loan deals include:
1) Banks lowering interest spread for both variable and fixed rate packages by about 5 basis points per annum.
2) Introduction of new legal subsidies to help owners defray cost arising from the refinancing of their home loans.
With the launch of new promotional home loan deals, home owners will typically get to enjoy savings of between $1000 - $2500, excluding interest rate savings.
For the latest promotional home loans deals, visit:
Mortgage Supermart promotional page also feature other hot deals on commercial and industrial property finance, overseas property finance for residents and non-resident international applicants as well as top tier financing deals for small businesses.
For more information on our product offering and services, visit:
In addition, the Mortgage Supermart website also feature extensive resource information, articles, graphics and a mortgage calculator to help consumers and businesses find, research, update and make better decisions towards their mortgage and business financial planning.
For more information, visit:
About Mortgage Supermart Singapore
About Mortgages, About Loans, About Financing, Mortgage Supermart is Singapore’s Leading Independent Loan Brokerage Hub. We provide 4 categories of independent loan brokerage solutions – Residential Home Loans; Commercial & Industrial Property Finance, Overseas and International Property Finance and Small Business Loans.
Incorporated since 2010, we have helped thousands of consumers and businesses save and reduced more than 60% in interest cost. Compare, Refinance, Save and Smile with us today! Loans Brokerage Solutions to bring you Savings and Smiles.