I looked into buying a house in Singapore as an investment. Here’s why I didn’t — despite the 2% mortgage rate.
Home-loan interest rates in Singapore are less than 2%, while in Japan they’re around 1% or even lower. That’s in stark contrast to mortgage rates in America and Australia, which are over 6% on average.
Overview
Home-loan interest rates in Singapore are less than 2%, while in Japan they’re around 1% or even lower. That’s in stark contrast to mortgage rates in America and Australia, which are over 6% on average.
Source
Originally published at www.marketwatch.com.
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