2022 so far has been a most eventful year for the rest of the world. So far, we’ve had a sharp downturn or two in the financial markets, high and rising inflation, a world economy recovering from years of Covid-19. And then there are supply chain disruptions, the beginning of an interest rate tightening cycle, and what else? Oh, of course, there is that war in Ukraine, threatening to choke global supply chains and energy supplies. But what it really comes down to for many of us is this. How high will mortgage rates go as a result of all this? That is really all about inflation, interest rates and how these rates in the US affect us in Singapore.

Will Mortgage Rates in Singapore Reach for the Sky?

Let’s Start By Looking At US Interest Rates

Just a couple of weeks back, the US Federal Reserve embarked on the first of a series of increases in the Fed Funds target rate,...