11 Feb '14, 7am

#MAS relaxes debt servicing rules for some home owners refinancing #loans #TDSR

The Monetary Authority of Singapore (MAS) has relaxed a major curb on home loans to allow more home owners and investors to refinance their existing mortgages. The revised rules will only apply to home owners who are refinancing loans for homes that were bought before the TDSR came into effect on June 29 last year. The MAS will exempt home owners from the Total Debt Servicing Ratio (TDSR) if they are refinancing their loan for the property they live in, even if they own other properties and are servicing other home loans, it said on Monday. The TDSR prohibits borrowers from taking or refinancing home loans that bring their total monthly debt repayments to over 60 per cent of their gross monthly incomes. Previously, owner-occupiers who wanted to refinance their loans could only be exempt from this rule if they owned no other property and had no other home loan. The MAS will...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

Tweets

Rules tweaked to help home owners refinance mor...

stproperty.sg 12 Feb '14, 5am

THE central bank has made it easier for home owners to refinance their existing mortgages. It yesterday widened an exempti...

MAS eases TDSR restrictions

propertyguru.com.sg 10 Feb '14, 11am

The Monetary Authority of Singapore (MAS) on Monday eased the restrictive Total Debt Servicing Ratio (TDSR) on certain pro...

MAS eases TDSR restrictions - Property Auctions...

propertyguru.com.sg 10 Feb '14, 10am

The Monetary Authority of Singapore (MAS) on Monday eased the restrictive Total Debt Servicing Ratio (TDSR) on certain pro...

[ICYMI] The Straits Times: An exemption widened on tough mortgage rules to include...

[ICYMI] The Straits Times: An exemption widened...

stproperty.sg 12 Feb '14, 1am

THE central bank has made it easier for home owners to refinance their existing mortgages. It yesterday widened an exempti...

Flexibility is the name of the game! How about ...

propertyguru.com.sg 11 Feb '14, 7am

The Monetary Authority of Singapore (MAS) on Monday eased the restrictive Total Debt Servicing Ratio (TDSR) on certain pro...

Home launches and sales in suburbs shrink dramatically... Figures at their lowest since 2008 as loan curbs cool...

Home launches and sales in suburbs shrink drama...

stproperty.sg 11 Feb '14, 4am

A BRIGHT SPOT: The 396-unit Inflora on Flora Drive launched last October quickly shifted 388 units at a median price of $9...

Ecotricity launches 1,000 mile free electricity tariff for EV owners #greenenergy

Ecotricity launches 1,000 mile free electricity...

thegreencarwebsite.co.uk 10 Feb '14, 1pm

Renewable electricity provider, Ecotricity has launched a new energy tariff aimed at electric car owners and designed to r...

Private home prices to rise 2%: Savills - Prope...

propertyguru.com.sg 11 Feb '14, 8pm

Feb 11, 2014 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share Despite a 3.7 percent growth in the economy i...

IM$avvy

cpf.gov.sg 24 Feb '14, 3pm

About one in four among the pioneer generation is not covered under MediShield, and the proportion is higher among the old...

Hear what it’s like to own a smart from our owners. Or let us know your story, we’d love to hear it!

Hear what it’s like to own a smart from our own...

smartusa.com 09 Feb '14, 5pm

smarts first piqued my interest in the late 90s before they were even for sale in the US. Jump ahead 15 years and I’m car ...

A Few Rules to Run By

runnersworld.com 08 Feb '14, 8pm

You don't need a room full of pricey equipment or to phone in advance for a tee time. Running doesn't even require much sk...