The era of low-interest rates is over (at least in the near future). We have enjoyed low-interest rates for over a decade, but to control inflation, the US Federal Reserve is increasing interest rates. If you were risk-averse and went with an HDB loan, you will not be affected. But if you were attracted by the low-interest rates of HDB bank loans, you might be in for a rude shock when you next refinance. This rise in interest rates will mainly affect existing HDB bank loan lenders and future and existing private property buyers. Future public HDB buyers should be able to rely on the fixed 2.6% HDB loan, while private property buyers don’t have a choice either way. In this article, we will look at how the rising interest rates will affect individuals and families that choose to go with an HDB bank loan. Disclaimer: All comments on this blog site are an expression of opinion...