just when i was enjoying quieter times & the lull in the market....
since there are just so many (few) banks in sg, why can't they just come together and agree to fix interest rates at 6%p.a or somethin' across the board for all home loans.

if all banks charge a uniform rate of 6%, well the consumer would have to take it...or leave it.

why undercut.....cut cut cut till no more margin liao.

and now everyone wants to refinance all over the place.

just form a cartel lah isn't that the model that is supposed to be the most profitable?


interest rates pls shoot back up soon.