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What you need to know about banks raising fixed home loan rates above 4%

SINGAPORE – Home loan rates have shot past the 4 per cent mark after DBS Bank, OCBC Bank and UOB raised their fixed-rate packages on Tuesday (Nov 15). Of the three local banks, UOB now has the highest rates, with its two-year fixed-rate package at 4.5 per cent a year. DBS' fixed-rate packages are at 4.25 per cent a year. ....

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UOB raises fixed home loan rates to 3.85 per cent, following DBS' move

SINGAPORE - Home loan rates in Singapore on Tuesday hit as high as 3.85 per cent, a level not reached in many years UOB fired the latest salvo in raising home loan rates, launching two-year fixed rate packages at 3.75 per cent per annum and three-year fixed packages at 3.85 per cent per annum. The rates are 0.77 percentage points. ....

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