With the current economy, while all the banks have lowered their interests, is there a chance where HDB might lower their loan interest too? - Seedly
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Bin Rui

Asked 4w ago

With the current economy, while all the banks have lowered their interests, is there a chance where HDB might lower their loan interest too?

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Shaun WQ Lim
Level 7. Grand Master
Answered 4w ago

Zero chance.

The HDB loan interest rate is tied to the CPF OA interest rate +0.1%.

https://www.hdb.gov.sg/cs/infoweb/residential/servicing-your-hdb-loan/mortgage-loan/interest-rate

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