best housing loan in Singapore?????
The Most Popular Local Housing Loan Now
Well, the most cheapest loan packages now are those that prices loan interest with Sibor 1-mth + premium and the most popular packages have an added feature that give you the flexibility to switch across SIBOR tenures; eg 1-mth, 3-mth 6-mth or 12-mth.
In a peaceful market short-term Sibor rates (eg 1-mth, 3-mth) are usually lower than long term, just like bank fixed deposits; the longer the maturity, the higher the interest.
When money supply is tight during market crash, it will be vice-versa (short-term is more expensive). This is where such loan packages can be helpful because the interest rate yield curve goes crazy during market meltdown; damage will be limited because you can at least re-peg to the cheapest SIBOR tenures.