Results 1 to 5 of 5

Thread: 3 mths or 12 mths SIBOR

  1. #1
    Join Date
    May 2009
    Posts
    26

    Default 3 mths or 12 mths SIBOR

    Very undecided. Your advice is much appreciated

  2. #2
    Join Date
    Nov 2008
    Posts
    197

    Default casflow

    Quote Originally Posted by ngloong
    Very undecided. Your advice is much appreciated
    go for 1 month sibor if u r looking for lowest current rate. but if u want predictable cashflow then go for 12 month.

    very personal decision. no one can advice u.

  3. #3
    Join Date
    Apr 2009
    Posts
    171

    Default

    Quote Originally Posted by ngloong
    Very undecided. Your advice is much appreciated
    My opin is that interest rates will start to look up in 2010. The only reason Federal Reserve did not raise rates this week was because they were worried that it will dampen any positivity in the US economy. Hence go with a 12 months SIBOR if you can.

    I'm in a 3 month SIBOR myself. Once my place TOP end of the year, i will switch to 1 year as well. Hopefully rates remain low.

  4. #4
    Join Date
    Dec 2008
    Posts
    7

    Default

    Quote Originally Posted by ngloong
    Very undecided. Your advice is much appreciated
    Please refer to the following:

    http://www.post1.net/lowem/entry/sin...since_apr_2004

    Banks are trying to get as much business as possible. And banks of course hope the rate will move up in future.


    You may want to ask the fees charged by bank. Also, if the rate is going up too much, what is the 2nd best choice and charges to switch to a different type of loan.

  5. #5
    Join Date
    May 2009
    Posts
    26

    Default

    I gathered from friends, you guys, and bankers that the low interest rates is too good to last forever. At best, minor upsides should creep in by year end, and next year more gradual hikes to 1.5% for 3-mth sibor. i am wondering why certain banks do not offer 12mth sibor at all. Is it a system issue, marketing issue, or costing issue stopping them from promoting it ?

Similar Threads

  1. Borrow Floating rate from Bank: 1m Sibor or 3m Sibor?
    By Stockbroker in forum Finance and Legal
    Replies: 10
    -: 04-07-13, 00:42
  2. Which condo going TOP in 6 mths time?
    By missotah in forum Singapore Private Condominium Property Discussion and News
    Replies: 10
    -: 04-03-13, 10:54
  3. Bank Loans - 3 mth SIBOR versus 1 month SIBOR
    By ccsee in forum Finance and Legal
    Replies: 9
    -: 08-05-12, 16:21
  4. How much drop do u expect in next 24 mths
    By DaytonaSS in forum Singapore Private Condominium Property Discussion and News
    Replies: 345
    -: 17-12-11, 12:04
  5. City Towers' asking price doubles in 3 mths
    By mr funny in forum En Bloc Discussion and News
    Replies: 0
    -: 25-07-07, 06:12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •