One of the initiatives that were rolled out by MAS in order to assist homeowners during this period of Covid-19 is to allow for deferment of home mortgage payment. As more than 90% of all Singaporeans tend to be homeowners, this measure will enable most people to take a breather in the midst of this pandemic crisis, which have seen plenty of job losses or pay cuts. The deferment will revolve in between May to Dec 2020, so we are talking a period of about 8 months. This is not a long time, considering that most of us are already on a 20 to 30 years mortgage. In the last article, I wrote that I will be applying for the deferment because I see the positive upside more than over the negatives. In this article, I will pan out my reasons why I chose to...