tag:blogger.com,1999:blog-27798847986253028042024-10-17T12:32:36.742-07:00We deliver knowledgemTutorhttp://www.blogger.com/profile/13791540755179944745noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2779884798625302804.post-54754502244358510742012-05-17T22:26:00.000-07:002012-05-20T18:24:06.613-07:00<span style="color: #333333; font-family: Helvetica, Arial, 'Lucida Grande', Verdana, sans-serif; font-size: 12px; line-height: 1.6em; text-align: justify;">Floating rate home loans are usually pegged to either the Singapore Interbank Offered Rate (Sibor) or the Swap Offer Rate (SOR).</span><br /> <div style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Helvetica, Arial, 'Lucida Grande', Verdana, sans-serif; font-size: 12px; line-height: 1.6em; margin-bottom: 1em; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify; vertical-align: baseline;"> Sibor is the rate at which banks in Singapore lend to one another, whereas SOR refers to the average cost of funds used by banks here for commercial lending.</div> <div style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Helvetica, Arial, 'Lucida Grande', Verdana, sans-serif; font-size: 12px; line-height: 1.6em; margin-bottom: 1em; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify; vertical-align: baseline;"> As most housing loan interest rates track movements in the Sibor or SOR, this means that when the respective rates shift upwards or downwards, the interest rates of the home package will move in the same direction.</div> <div style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Helvetica, Arial, 'Lucida Grande', Verdana, sans-serif; font-size: 12px; line-height: 1.6em; margin-bottom: 1em; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify; vertical-align: baseline;"> Analysts say that for homeowners buying properties over long-term periods, it is advisable to choose a loan with fixed rates or Sibor-pegged home package, as Sibor rates are known to be relatively more stable than SOR rates.</div> <div style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Helvetica, Arial, 'Lucida Grande', Verdana, sans-serif; font-size: 12px; line-height: 1.6em; margin-bottom: 1em; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify; vertical-align: baseline;"> However, for home buyers with more aggressive risk appetite and who are investing over a shorter time horizon, they may consider the SOR-pegged packages at a time when the SOR rates are lower and more attractively-priced than Sibor rates.</div> <div style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Helvetica, Arial, 'Lucida Grande', Verdana, sans-serif; font-size: 12px; line-height: 1.6em; margin-bottom: 1em; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify; vertical-align: baseline;"> May 17, 1-mth SIBOR = 0.32078; 1-mth SOR = 0.22832</div>mTutorhttp://www.blogger.com/profile/13791540755179944745noreply@blogger.com0tag:blogger.com,1999:blog-2779884798625302804.post-74682455295704119252012-02-23T22:10:00.001-08:002012-05-17T22:32:19.426-07:00Stop buying primary school exam papers. Get it here for free. 1. Primary 1 (English, Chinese)<br /> 2. Primary 2 (English, Math)<br /> 3. Primary 3 (English, Math)<br /> 4.&nbsp;Primary 3 (English, Math)<br /> 5. Primary 5 (Math) <br /> 3. Primary 6 (Math) <br /> <br /> What's inside:<br /> CA1, CA2, SA1, SA2 exam papers from around 8 schools.<br /> <br /> To request for papers:<br /> 1. Send an email stating the level you need.<br /> 2. Receive papers in your mail box.<br /> Simple as that!<br /> Do remember to keep this blog going.<br /> <br /> <br /> <a href="mailto:firstskool-me@yahoo.com">You can email me here!</a>mTutorhttp://www.blogger.com/profile/13791540755179944745noreply@blogger.comSingapore1.352083 103.8198361.098096 103.503979 1.6060699999999999 104.13569299999999