29
Aug
Bridging loans have become an essential financial tool for individuals and businesses in Singapore seeking to bridge the gap between the sale of one property and the purchase of another. However, understanding the interest rates associated with bridging loans can be a complex task. This article aims to shed light on this subject, providing an overview of the current landscape of bridging loan interest rates in Singapore. Bridging loans are short-term financing options designed to help borrowers meet immediate liquidity needs. They are typically used in real estate transactions to cover the down payment for a new property before the…