January 3, 2023

Mortgage stress in Singapore is rising

As interest rates for home loans continue to climb, mortgage stress levels escalate. Two in five Singaporeans (40 per cent of Singaporeans) faced some difficulties in paying off their mortgage loans in 2022. The percentage of Singaporeans facing mortgage stress in 2021 was just 31 per cent. The Fourth OCBC Financial Wellness Index revealed these […]

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