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SIBOR rates and home loan repricing


Bluepica
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On 11/7/2019 at 12:08 AM, Theoldjaffa said:

Fixed rate is lower than floating rates now.

i wonder what it means.

Global interests rate all coming off, eg. US, China, India, Indonesia, Aus, NZ. And many others nation this year, SG will follow suit too. 
 

eg. AUS has become record Low likely to be like EURO Low for Long . 
 

my bet is go, for floating loan and deposit are bread and butter business for bank and they won’t shoot themselves in the foot

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