Money Hacks Ep 59: Mortgage loans 101 

14:44 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips.

This episode focuses on understanding mortgage loans better. We speak with Cris Ng, the head of mortgage at financial comparison service Moneysmart.sg

He walks us through various options:

1. Customers tend to fear mortgage loans and want to pay as little as possible and pay off as soon as possible. Why this is a misconception. (1:37)

2. Should you go for floating or fixed mortgage rates? (2:31)

3. First-timers, upgraders, seasoned investors: What they should know, including tips on types of mortgages they should choose (8:44)

4. Why is refinancing often overlooked by Singapore customers? (9:45)

5. How upgraders can approach mortgage decisions and the practice of "decoupling". (11:33)

Produced by: Ernest Luis and Lee Kim Siang

Edited by: Adam Azlee

Discover Money Hacks Podcast fortnightly on Mondays and rate us on:

Channel: http://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe

Spotify: http://bt.sg/oeGN

Google podcasts: http://bt.sg/oeGd

Website: http://bt.sg/moneyhacks

Feedback to: podcast@sph.com.sg

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

Thank you for your support! ST & BT Podcasts picked up a silver medal for Best Digital Project to engage younger and/or millennial audiences at 2019 Asian Digital Media Awards by Wan-Ifra: https://str.sg/Jw5T 

Watch a video of Podcasts on the rise in Singapore: https://youtu.be/aGJ4cbch6eQ

Money Hacks Ep 59: Mortgage loans 101&nbsp;
14:44 min
Synopsis: In this fortnightly podcast series on Mondays,&nbsp;The Business Times&nbsp;breaks down actionable financial tips.
This episode focuses on understanding mortgage loans better. We speak with Cris Ng,&nbsp;the head of mortgage at financial comparison service Moneysmart.sg
He walks us through various options:
1. Customers tend to fear mortgage loans and want to pay as little as possible and pay off as soon as possible. Why this is a misconception.&nbsp;(1:37)
2. Should you go for floating or fixed mortgage rates? (2:31)
3. First-timers, upgraders, seasoned investors: What they should know, including tips on types of mortgages they should choose (8:44)
4. Why is refinancing often overlooked by Singapore customers? (9:45)
5. How upgraders can approach mortgage decisions and the practice of "decoupling". (11:33)
Produced by: Ernest Luis and Lee Kim Siang
Edited by: Adam Azlee
Discover Money Hacks Podcast fortnightly on Mondays and rate us on:
Channel:&nbsp;<a dir="ltr" href="https://omny.fm/shows/money-hacks-1" data-saferedirecturl="https://www.google.com/url?q=https://omny.fm/shows/money-hacks-1&amp;source=gmail&amp;ust=1598667217677000&amp;usg=AFQjCNGEkRmjgn37J_c3J0VK9aS2rYUVBA">http://bt.sg/btmoneyhacks</a>
Apple Podcasts:&nbsp;<a href="https://bt.sg/oeXe" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/oeXe&amp;source=gmail&amp;ust=1598667217677000&amp;usg=AFQjCNGymvC8DnTcCWZQ8KHxFon1eiQvXQ">http://bt.sg/oeXe</a>
Spotify:&nbsp;<a href="https://bt.sg/oeGN" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/oeGN&amp;source=gmail&amp;ust=1598667217677000&amp;usg=AFQjCNGJnrwC0hrUJhB7Eox6waBu6ZsQQg">http://bt.sg/oeGN</a>
Google podcasts:&nbsp;<a href="https://bt.sg/oeGd" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/oeGd&amp;source=gmail&amp;ust=1598667217677000&amp;usg=AFQjCNG6CCCT_odmESPau2zFU0sQQy-r4g">http://bt.sg/oeGd</a>
Website:&nbsp;<a href="https://bt.sg/moneyhacks" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/moneyhacks&amp;source=gmail&amp;ust=1598667217677000&amp;usg=AFQjCNERNtREVl3t1nxoqwMmHjC9b7zUeA">http://bt.sg/moneyhacks</a>
Feedback to:&nbsp;<a href="mailto:podcast@sph.com.sg">podcast@sph.com.sg</a>
Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.
Thank you for your support! ST &amp; BT Podcasts picked up a silver medal for Best Digital Project to engage younger and/or millennial audiences at 2019 Asian Digital Media Awards by Wan-Ifra:&nbsp;<a href="https://str.sg/Jw5T" data-saferedirecturl="https://www.google.com/url?q=https://str.sg/Jw5T&amp;source=gmail&amp;ust=1574499827373000&amp;usg=AFQjCNFYjMlXN7DBxGHDF4kQZUjGh80nqw">https://str.sg/Jw5T</a>&nbsp;
Watch a video of Podcasts on the rise in Singapore:&nbsp;<a href="https://youtu.be/aGJ4cbch6eQ" data-saferedirecturl="https://www.google.com/url?q=https://youtu.be/aGJ4cbch6eQ&amp;source=gmail&amp;ust=1574499827373000&amp;usg=AFQjCNFB2fiUF_2QFMETw6mtMcnKF7CVng">https://youtu.be/aGJ4cbch6eQ</a>

Synopsis: Almost every weekday, our ALL-IN-ONE channel showcases discussions on Singapore youth perspectives and social issues, geopolitics through an Asian lens, health, climate change, personal finance and career.

Follow our shows on your favourite audio apps Apple Podcasts, Spotify or even ST's app, which has a dedicated podcast player section.

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media.

Synopsis: Almost every weekday, our ALL-IN-ONE channel showcases discussions on Singapore youth perspectives and social issues, geopolitics through an Asian lens, health, climate change, personal finance and career.
Follow our shows on your favourite audio apps Apple Podcasts, Spotify or even ST's app, which has a dedicated podcast player section.
Produced by podcast editor Ernest Luis &amp; The Straits Times, SPH Media.

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