Close to two-thirds of home owners with Sibor mortgages yet to switch as deadline looms
SINGAPORE – Many home owners with mortgages pegged to the Singapore Interbank Offered Rate (Sibor) have switched to alternative loan packages, but far more are resisting the move despite the clock ticking for such loans. Around 30,000 mortgage borrowers made the switch between January and October, but 57,000 or so remain on their Sibor-based loans,[…]