A FIERCE home loans war has broken out between DBS Bank and United Overseas Bank, to the delight of home buyers.
The prize, for now at least, is the prospect of financing the purchase of at least 1,225 homes being offered in the year's first two new-property launches.
Both banks are slugging it out with a zero-per-cent spread under their fixed-deposit home-loan rate (FHR) packages aimed at projects under construction, with no lock-in period and a one-time free conversion for a limited time only.