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Investors weighed Singapore home loans but stuck with US costs
Singapore home-loan rates are under 2%, while mortgage rates in the US and Australia are above 6% on average, tilting the comparison away from buying for yield.
MarketWatch says home-loan interest rates in Singapore are below 2%, making borrowing costs there far lower than in several other countries.
The outlet notes that Japan’s mortgage rates are around 1%, and in some cases even lower, highlighting a wide gap versus places where financing is more expensive.
By contrast, MarketWatch reports that mortgage rates in the US and Australia are over 6% on average, which is part of why it did not pursue buying a Singapore home as an investment.