Mortgage loan refinancing and repricing activity by private home owners and Housing Board flat owners picked up significantly in 2024 after fixed mortgage loan rates fell below 3 per cent from the second quarter.

Following the US Federal Reserve’s successive rate cuts fromSeptember 2024, local banks told The Straits Times that they saw a more pronounced increase in mortgage loan refinancing and repricing transactions.

But the question remains: Will mortgage interest rates in Singapore continue to come down in 2025? And what does that mean for homeowners?

On The Big Story, Hongbin Jeong speaks with Clive Chng, Associate Director, Redbrick Mortgage Advisor.to find out more. 

 

Mortgage loan refinancing and repricing activity by private home owners and Housing Board flat owners picked up significantly in 2024 after fixed mortgage loan rates fell below 3 per cent from the second quarter.
Following the US Federal Reserve&rsquo;s successive rate cuts <a href="https://www.straitstimes.com/business/economy/fed-cuts-rates-by-half-a-percentage-point-cites-greater-confidence-about-inflation">from</a><a href="https://www.straitstimes.com/business/economy/fed-cuts-rates-by-half-a-percentage-point-cites-greater-confidence-about-inflation"> </a><a href="https://www.straitstimes.com/business/economy/fed-cuts-rates-by-half-a-percentage-point-cites-greater-confidence-about-inflation">September 2024,</a> local banks told The Straits Times that they saw a more pronounced increase in mortgage loan refinancing and repricing transactions.
But the question remains: Will mortgage interest rates in Singapore continue to come down in 2025? And what does that mean for homeowners?
On The Big Story, Hongbin Jeong speaks with Clive Chng, Associate Director, Redbrick Mortgage Advisor.to find out more.&nbsp;
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Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.