Will Interest Rates Go Down In 2024 Singapore

Will Interest Rates Go Down In 2024 Singapore. Whether you use cash or cpf to prepay your mortgage, you might find it hard to “take back” that same leverage when interest rates eventually come down below 2.5 per cent or the prevailing cpf savings rate. What most people would be more interested in, however, is their prediction that housing prices would likely decline 3 per cent in 2024 due to indicators such as housing vacancies and sales.

Asian central banks will closely monitor the fed’s policy moves and may choose to cut interest rates only after the fed does so. When exactly will interest rates go down in 2024?