A good time to refinance home loans?

A good time to refinance home loans?

After the Monetary Authority of Singapore moved to fine-tune the Total Debt Servicing Ratio (TDSR), reader Scott Driscoll wanted to know if now would be a good time to refinance home loans pegged to Sibor. Would it be wiser to keep his home loan pegged to Sibor or go...
When (And When Not) to Refinance Your Mortgage

When (And When Not) to Refinance Your Mortgage

Refinancing a mortgage means paying off an existing loan and replacing it with a new one. There are many common reasons why homeowners refinance: The opportunity to obtain a lower interest rate; the chance to shorten the term of their mortgage; the desire to convert...
Sydney’s most expensive suburbs revealed

Sydney’s most expensive suburbs revealed

The Harbour City is home to some of the nation’s priciest properties, but which areas are Sydney’s most expensive suburbs? Point Piper, home to Prime Minister Malcolm Turnbull and eye-watering property prices, didn’t make the list as the tightly-held suburb had too...
Indonesia slashes property tax

Indonesia slashes property tax

Home sellers in Indonesia will face lower taxes from September, after a presidential regulation slashed the home sales tax by 50 percent in a bid to boost the country’s property sector, reportedReuters. The regulation signed by President Joko Widodo on 8 August showed...