[lvlrsSTI]

Based on predictions of FED rate hikes, it will go beyond 4% by year end while the current rate is 2.25%.

After FED rate hikes all the banks will lift their rates, as a result FD rates could go beyond 3% or more.

While FD rates are all above 3%, do you think CPF will adjust its interest rates as well?

[Sharexchange]

Just annouced. Up 7%.

[singlon]

remember every move up destroys
maybe it should say wealth evaporate
the structure is made for PAP not you.
remember no debt no money
rate rise mortgage rate rises also.

[talky]

ra INCREASE TO 5.5%
OA REMAINS if oa increase those on mortage loan will be drastically affected.

[Clyde]

ra INCREASE TO 5.5%
OA REMAINS if oa increase those on mortage loan will be drastically affected.

Why should we the cpf holder subsidise those who buy expensive hdb flat?

[talky]

Why should we the cpf holder subsidise those who buy expensive hdb flat?

HDB FLATS WILL PARTIALLY COLLAPSED IF OA INCREASE TO 3.5%
WILL BADLY AFFECT 2025 GE

[lvlrsSTI]

HDB FLATS WILL PARTIALLY COLLAPSED IF OA INCREASE TO 3.5%
WILL BADLY AFFECT 2025 GE

No need to increase so much just 0.2-0.3% will do.

2.5 => 2.7 or 2.8

[Clyde]

HDB FLATS WILL PARTIALLY COLLAPSED IF OA INCREASE TO 3.5%
WILL BADLY AFFECT 2025 GE

The government has to take responsibility for pushing the hdb price to sky high. If continue to do that, in future will need 2 generations to pay up the debt.

Also, many old folk will not have enough cpf to retire if the interest rate is kept so low.

[talky]

TO THEM WHAT WRONG W THE HIGH PRICE
MEANS HIGHER GDP THEIR MINISTERS N MP PAY N BONUSES ARE PEG TO GDP FIGURE

[ysh02]

No increase all remain the same lah...

[Klesk]

adjust down easy.
adjust up, must ask putin.

[lvlrsSTI]

No increase all remain the same lah...

Correct, latest news says no change until the next review at end of 2023

[RiseofAsia]

DBS promo…
Now then up the fixed deposit rate…
Behind the curve…

[RiseofAsia]

Based on predictions of FED rate hikes, it will go beyond 4% by year end while the current rate is 2.25%.

After FED rate hikes all the banks will lift their rates, as a result FD rates could go beyond 3% or more.

While FD rates are all above 3%, do you think CPF will adjust its interest rates as well?

Wait long long…
Take out all the cpf ordinary account $$$ and put into bank fixed deposit.

[dynamite]

I think they are looking into it.

[Talent]

should have stay with SSD
then switch when FD hit 3+%

now how

[RiseofAsia]

should have stay with SSD
then switch when FD hit 3+%

now how

Next year still have 5 to 6 times rate hike…
Take your time.

[RiseofAsia]

I think they are looking into it.

They wont do it lah.(除非万不得已）
If they raise, housing loan rate also must raise, they will lose of votes in coming GE.

If this happen, property valuation will drop as some of us may not be able to service the loan.