So should you’re shopping for a flat anytime quickly, you might wish to be taught in regards to the following which kicks in immediately (twentieth August). This transfer is directed at cooling the HDB resale market, whilst increased housing grants are given to assist with rising prices. However how would this have an effect on you as a homebuyer, and would it not actually assist to chill the market? Right here’s what it’s good to know:
Tighter mortgage curbs for HDB loans
Previous to immediately, HDB loans had a Mortgage To Worth (LTV) ratio of 80 per cent. The LTV has now been decreased to 75 per cent….