by Alfred Chia

Alfred Chia, CEO of SingCapital, has just published a new book on using mortgages wisely. In this article he shares with us what the book is about and his reasons for writing it.

Most of us have been brought up to believe that borrowing is a bad thing.

To many people, the prospect of having to pay interest on the loans they take, and the need to service their loans through constant repayments towards the principal sum, are huge turn-offs that will deter even the most daring of men.

Yet, taking on a loan can lead one to financial freedom, and mortgage is one such example.

Commonly known as housing loans in Singapore, mortgages are what you take to finance your property purchases. These loans typically come with a tenure that can stretch until you are 75 years old. Thus, it is quite likely that for ...