Listings soared to a 7-year high.
Singapore’s property auction market witnessed a seven-year high of mortgagee listings in 2015, on back of subdued economic conditions and the continued impact of property cooling measures.
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Listings soared to a 7-year high.
Singapore’s property auction market witnessed a seven-year high of mortgagee listings in 2015, on back of subdued economic conditions and the continued impact of property cooling measures.
Rest, or the compounding period, is the frequency in which the outstanding loan amount is calculated. The more frequently the loan is calculated the lower the interest payments will be, all else being equal. This is because each time repayment is made, the outstanding loan amount is reduced and so will the interest chargeable if the loan is re-calculated.