Economic fundamentals & sentiments seem to drive to the direction to “not so encouraging” rate hike.
With unemployment rate hovering at a healthy level, the market feeling confusing.
With recent FOMC announcement, Fed rate is getting hawkish! It attempts to force the market into “real” recession. More rate rising, as expected.
Inflation expectation is not encouraging. In search of right antidote is the key!
Ukraine-Russia war is definitely a concern, affecting the supply-chain which in term causing price hike. As winter is approaching, sustaining at high morale of the countrymen is a challenge!
In addition, there are geopolitical issues escalating, not reaching an amicable term due to difference in views. Consensus decision-making is paramount. Talks are essential.
Domestically, some banks have raised their rates, while other banks are trying very hard not to.
Are the borrowers at the mercy of rate hike?
With all this news hitting the shore, both Hock Beng and Ivan Ong are attempting to provide an overview how the property owners can tackle this situation effectively.
As financial practitioners, both speakers attempt to address on how impactful the interest rate would affect the medium to long term mortgage repayment.
To hear more, it’s happening on Tuesday, 25 Oct 2022 from 8:00 pm to 9:30 pm. So secure your seat today.
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