As above.
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Bank increases interest rate, will our CPF get rate increase too?
- Thread starter newcitizen
- Start date
Altogether now!!! Huat ah!!!
Hong Leong Bank (not Hong Leong Finance) fast hand, fast legs, increased FD rates for SGD in Singapore.
https://www.hlbank.com.sg/en/person...t/singapore-dollar-fixed-deposit-account.html
6-mths 0.88%pa
12-mths 1.38%pa
24-mths 1.68%pa
Hong Leong Bank is a reputable bank in Malaysia.
https://www.hlbank.com.sg/en/person...t/singapore-dollar-fixed-deposit-account.html
6-mths 0.88%pa
12-mths 1.38%pa
24-mths 1.68%pa
Hong Leong Bank is a reputable bank in Malaysia.
CPF empty Liao. Whatever% x empty = 0
Not a good sign. BTO price sky-rocketted, now their mortgage interest also up. Must suck boss dick regularly to stay employed.
this bank safe?
got guarantee by mas?
got guarantee by mas?
According to analysts, Fed rates are projected to increase by 2.75% to 4% by the end of 2023. Local home loan rates are higher now. https://www.straitstimes.com/busine...ns-sora-pegged-loans-still-relatively-cheaper
Fixed-Rates for 2 Years is 2.25%pa now.
Last year, Fixed-Rates was merely 1.5%pa for 5-years, 1.28%pa for 2-years.
Now you can't even find someone to quote you a decent 5-years fixed-rates.
I have been thinking, why the sudden and urgent need to raise rates steeply? This is the sharpest increment in 25 years. We never faced this in 2004 or Lehmen crisis, etc. The last time it happened was the 1997 Asian financial crisis.
Then, I realized...... United States is trying to save US Dollar at the expensse the equities market. For years, China had been humiliating and laughing at US Dollar, while they secretly printed more (relative to their GDP per capita). Once the US Dollar is defeated, they will lose forever, but if the equity market crashes, it will always recover if US Dollar is still the world's reserve currency.
Fixed-Rates for 2 Years is 2.25%pa now.
Last year, Fixed-Rates was merely 1.5%pa for 5-years, 1.28%pa for 2-years.
Now you can't even find someone to quote you a decent 5-years fixed-rates.
I have been thinking, why the sudden and urgent need to raise rates steeply? This is the sharpest increment in 25 years. We never faced this in 2004 or Lehmen crisis, etc. The last time it happened was the 1997 Asian financial crisis.
Then, I realized...... United States is trying to save US Dollar at the expensse the equities market. For years, China had been humiliating and laughing at US Dollar, while they secretly printed more (relative to their GDP per capita). Once the US Dollar is defeated, they will lose forever, but if the equity market crashes, it will always recover if US Dollar is still the world's reserve currency.
Hong Leong Finance
1.33%pa for 15-mths
https://www.hlf.com.sg/personal/promotions/fixed-deposits-promotion-singapore.php
I think other banks will quote 1.5%pa soon for 12-mths
1.33%pa for 15-mths
https://www.hlf.com.sg/personal/promotions/fixed-deposits-promotion-singapore.php
I think other banks will quote 1.5%pa soon for 12-mths
USD is 1.39 against SGD this morning.
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