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Budget Planning for Your Mortgage in a Rising Interest Rate Environment


Owning a home is a dream for many, but navigating the complexities of mortgages and rising interest rates can feel daunting. Here’s how to create a solid budget plan to secure your dream home.


As referenced in the Channel News Asia article [Link: https://www.channelnewsasia.com/singapore/fed-interest-rates-banks-loans-savings-fixed-deposit-cna-explains-4309016], the Federal Reserve’s interest rate hikes are expected to impact Singapore’s loan market. This translates to potentially higher mortgage interest rates, which can significantly affect your monthly payments.


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