qotion newsletter template
17th Sep 09
Hello Qotion Member,
In a reaction to the rising property prices, the Government has announced that the Interest Absorption Schemes(IAS) will no longer be offered.

Lower mortgage rates have attracted investors to flock to property as a safer investment alternative. The Government will also put up more land for sale next year to prevent a property 'bubble'.
 

Latest News Headlines

  • Gold Breaks $1,000 an Ounce; What's Next ...
  • What to Make of Corporate Bonds Now
  • Taking a Rest on Labor Day
  • China is now a net SELLER of U.S. Treasury notes and bonds!
  • British Pound in a Position of Weakness
  • Are you for or against the removal of the scheme? Let us know where you stand

     
    Have a good weekend!

    Yours Sincerely,
    Michael Zhan
    Founder, Qotion.com


    Weekly Rates Updates

    This week's top 5 credit lines

    RBS PostLine
    1.22% p.m.
    Bank of China MoneyPlus
    1.406% p.m.
    RBS Moneyline
    1.44% p.m.
    HSBC Personal Line of Credit
    1.48% p.m.
    UOB CashPlus
    1.48% p.m.
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    This week's top 5 personal loans

    UOB Personal Loan 12 mths
    9.99% p.a.
    Citi PayLite Loan 24 mths
    10.91% p.a.
    UOB Personal Loan 48 mths
    13.60% p.a.
    Citi PayLite Loan 60 mths
    13.93% p.a.
    HSBC Personal Loan 84 mths
    15.00% p.a.
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    This week's top 5 local time deposits

    Maybank SGD(36 mths)
    1.3125% p.a.
    Stanchart SGD(60 mths)
    1.25% p.a.
    Maybank SGD(24 mths)
    1.1875% p.a.
    Maybank SGD(12 mths)
    0.875% p.a.
    Maybank SGD(6 mths)
    0.625% p.a.
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    This week's top 5 foreign time deposits

    OCBC AUS Dollar(12 mths)
    4.1875% p.a.
    OCBC AUS Dollar(6 mths)
    3.2475% p.a.
    OCBC AUS Dollar(3 mths)
    2.7675% p.a.
    OCBC AUS Dollar(2 mths)
    2.6775% p.a.
    Maybank AUS Dollar(1 mth)
    2.5% p.a.
    See More foreign deposits
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