Originally Posted by
pmet
All these refinancing won't work one lah! I mean come'on let's be realistic. How much do you save for another 3yr of fixed rate? Usually when ppl take loan it's more than 20yrs so what's 3yrs? If you can see the direction we're moving towards, it's going to be grim for the next several years. I'm fully prepared for the increased interest rates and like those guys on MCF say, if you can't afford the fuel don't buy a car (referring to those who go to JB for a pump)!
That said, alot of Singaporeans are living on the edge today.