Singapore Mortgage Rates Drop in 2025 — What It Means for You
Singapore mortgage rates have now experienced a significant decline after months of economic changes and cautious speculation. This shift may mean huge financial prospects to homeowners, property investors, and first-time purchasers, provided that you know how to be fast and smart.
The number of clients who want to refinance or get into the property market has been on the increase at Ascendant Globalcredit Group. Rates are as cheap as 2.10% with a 2-year lock, possibly the most favorable environment to borrowers the country has experienced in the last several years.
Although separate banks may not release their packages, we as your mortgage introducer can have access to fixed and floating rates which are not always known to the market.
What Lower Singapore Mortgage Rates Mean for You
Lower rates = lower monthly repayments = better long-term savings.
Take an example, when you are making 3.2% interest on 900,000 as a loan repayable over 25 years your reduction to 2.10% will save you more than 100,000 in interest payments over your term.
But it’s not just about lower numbers. Here's what else it means:
More loaners can access large loan credits even at the same income.
Those who already own homes and have been hovering in old, higher-rate packages will be able to refinance and secure more appealing deals.
Borrowing at a lower cost is beneficial to property investors in terms of higher rental yield margins.
Who Should Take Advantage of This Drop?
The drop in Singapore mortgage rates is not just news—it’s an action call for:
First-Time Homebuyers
The lower the interest the better one can afford. Add to that resources such as our Singapore mortgage calculator so you can get a good idea of what you can afford.
Existing Property Owners with Expiring Lock-Ins
In case you have your mortgage coming out of its lock-in period this year, time to check out the refinance opportunities before the rates go up again.
Foreigners and PRs
Provided that you are surveying properties in Singapore, and intend on financing it, this is a good time to call in a mortgage introducer who can guide you through the regulations, stamp duties, and authorization routes.
Investors Eyeing Capital Appreciation
Real estate in Singapore is considered a rock-solid wealth creation tool with strategic rates and a stable market situation.
In a rising cost environment, every interest point matters. With Singapore mortgage rates dipping, the smart move is to review your loan—not later, but now
Ascendant Globalcredit Group
How to Start: Tools That Make a Difference
At Ascendant Globalcredit Group, we have come up with tools that will make you clarify to you how much you will be able to save without committing.
Try our free Singapore Mortgage Calculator to:
Compare fixed vs. floating interest savings
Understand your monthly repayment burden
Estimate how much home you can afford based on your income
Plus, our team will walk you through rate packages (including the recently available 2.10% fixed for 2 years), helping you select what’s best for your life stage—whether you’re buying a home, refinancing, or investing.
Why Work with Ascendant Mortgage Introducers?
We’re more than consultants—we are mortgage introducer experts.
When you engage with Ascendant Globalcredit Group, you get:
Access to exclusive lender deals (not listed publicly)
End-to-end support from rate comparison to bank submission
Customized solutions for locals, PRs, and foreigners
Support for complex cases like dual-income assessment, retirement-age buyers, and high-net-worth individuals
Rather than navigating dozens of bank packages on your own, our role is to match your financial profile to the best fit, all while helping you save on interest and avoid hidden costs.
Final Thoughts: Take Action Before Rates Rebound
Interest rates don’t stay low forever. Singapore’s mortgage landscape is sensitive to U.S. Fed movements, inflation pressures, and MAS policies. Acting now could mean securing tens of thousands of dollars in lifetime savings on your home loan.
Our team at Ascendant Globalcredit Group is ready to help you:
Refinance your current loan
Secure pre-approval for a new purchase
Navigate rates, TDSR, and lock-in periods with clarity
We’re your financial introducer experts—and our job is to make this journey easier, smarter, and more profitable.
👉 Start with a consultation today or use our Singapore Mortgage Calculator to preview your savings potential.
-
Yes—they already have. As of mid-2025, several banks have revised fixed rates down to as low as 2.10%, which is significantly more competitive than in previous years.
-
Yes, foreigners can get a mortgage but are subject to stricter approval processes and additional taxes like Additional Buyer’s Stamp Duty (ABSD). Our mortgage introducers can guide you through the best financing options available to foreigners.
-
Typically, the minimum down payment is 25% of the property price, with at least 5% paid in cash. This can vary based on whether you're taking a bank loan, your buyer profile, and your citizenship or PR status.
-
Specific provider names are confidential, but we can confirm that a trusted financial institution is offering 2.10% fixed for 2 years, exclusively accessible through introducers like Ascendant Mortgage.