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now shopping around for the best value for mortgage insurance. for the same mortgage amt, tenor, and interest rate, found out that quotes can vary quite a bit between different insurance companies. all also include the same critical illness protection. also wondering, if my mortgage is X, should i go for a X-Y protection? (where Y=the amount that I may partial pay the loan soon) any advise appreciated

Hi I got these rates after refinancing my bungalow is it good? Floating 2 years lock in 1st year 1.18% 2nd year 1.38% 3rd year 1.78%

Pte Condo owners out there...while we know it is not compulsory to buy Mortgage Insurance for Pte Condos, do you still do it for your purchases? I was wondering if such Mortgage Insurances (typically sum assured-reducing term plans with no cash value) are redundant, since we could already be covered for Life/ TPD/ Critical Illness from existing insurance policies. One point of argument I feel is that if existing Life/ TPD/ Critical Illness' sum assured is less than value of the Pte Condo purchase, then it will be more prudent to get the Mortgage Insurances for the additional coverage. Not sure if you experts out there feel the same way. And if you do purchase a Mortgage Insurance, will you advise to go for single or joint policy? Joint policy being cheaper overall but with one-half the coverage as compared to single. And necessary to add Critical Illness coverage (which i think is very expensive) or simply a Critical Illness waiver coverage will do? Well, you could be thinking no point for mme to ask this question since ultimately, it all boils down to my affordability level. If i can afford it, then just get the highest coverage possible. I just want to seek further comments from a diversified pool of pple out there (assumingly without vested interests), rather than solely relying on my insurance agent's advice.

<h3 class="byline" style="margin: 0px 0px 0.583em; padding: 0px 0px 0px 8px; font-size: 1.2em; font-weight: normal; font-family: helvetica; line-height: 1.3em; color: rgb(102, 102, 102); ">By REED ALBERGOTTI and ELIZABETH RAPPAPORT</h3>After a yearlong investigation, the Justice Department said Thursday that it won't bring charges against Goldman Sachs Group Inc. or any of its employees for financial fraud related to the mortgage crisis. In a statement, the Justice Department said "the burden of proof" couldn't be met to prosecute Goldman criminally based on claims made in an extensive report prepared by a U.S. Senate panel that investigated the financial crisis. "Based on the law and evidence as they exist at this time, there is not a viable basis to bring a criminal prosecution with respect to Goldman Sachs or its employees in regard to the allegations set forth in the report," the statement read. The Justice Department reserved the right to bring charges in the future if new evidence emerges. In a statement Thursday, Goldman said: "We are pleased that this matter is behind us." In April 2011, the U.S. Senate's Permanent Subcommittee on Investigations published a scathing report on the financial crisis, highlighting Goldman as a culprit. Lawmakers accused the firm of breeding a greedy culture and running conflict-ridden businesses, and they said Goldman put its own interest ahead of clients. Sen. Carl Levin, D., Mich., chairman of the Senate's subcommittee, said Goldman executives lied to Congress about the firm's bets against the housing market. The accusation triggered a Justice Department probe of possible perjury. A spokeswoman for Mr. Levin's office didn't respond to a request for comment Thursday. The report concluded that even as securities firms flooded the market with securitized mortgages and advised clients to buy them, firms privately used words like "crap" and "flying pig" to describe the financial instruments. The department's probe was launched when Goldman's reputation already had been battered by civil-fraud charges filed against the New York company by the Securities and Exchange Commission. The SEC accused Goldman of fraud related to a mortgage-bond deal called Abacus 2007-AC1. Goldman was accused of failing to inform investors that hedge-fund firm Paulson & Co. had helped choose underlying securities in the deal and was betting against it. Goldman agreed to pay $550 million to end the SEC's civil-fraud suit. The company said marketing materials for the Abacus deal contained "incomplete information." The announcement comes amid criticism of the Justice Department from some lawmakers for what they contend are disappointing results in efforts to bring criminal cases against firms and individuals for crisis-related wrongdoing. Justice Department officials have defended the agency's track record, and some legal experts have noted the difficulty of targeting specific individuals and firms given the enormity of the financial crisis. In the statement Thursday, the Justice Department said prosecuting financial fraud and "protecting the integrity of our banking system" is and will continue to be the department's "top priority." The criminal investigation was led by the New York field office of the Federal Bureau of Investigation, according to a person familiar with the matter. The probe also included the U.S. Attorney's Office for the Southern District of New York and the Special Inspector General for the Troubled Asset Relief Program. A version of this article appeared August 9, 2012, on page C1 in the U.S. edition of The Wall Street Journal, with the headline: U.S. Not Seeking Goldman Charges.

hi, just findout if u have a property paid up, but u need $ to finance certain personal project. mortgaging ur property, how much do the banks charge for interest ? i trying to find to fin this info from various banks, but all end up only info for home loan.

Have you ask yourself this question?

Have you ask yourself this question?

Seem there is alot property gurus here...anyone want to share what is the best mortgage loan package currently available??

Seem there is alot property gurus here...anyone want to share what is the best mortgage loan package currently available??

Seem there is alot property gurus here...anyone want to share what is the best mortgage loan package currently available??

Dear all, Just wondering .... for HDB mortgage insurance .... which is the best option? Please share your choice and why.

Can someone, pls share what's the best home mortgage/refinancing package around today. Heard the mortgage rates has been trending upwards since the beginning of the year despite low interbank rates? Is it advisable to take up variable or fixed rate package in this economic situation despite govts in the world pumping $$$ into the credit market. One of the better deals that I know is from Maybank which has the variable package (3 yrs locked-in) 1.68% (Yr1) 2.48% (Yr2) 2.88% (Yr3)

I am very concerned about our investments with UBS, CitiBank and Credit Suisse, after reading this morning BBC news. I think our government will let everythings go up (cos more GST collection) and wages down, all Singaporeans will stay dry and high. Don't believe me read what all our ministers talkings for the last few weeks, eg. petrol tax cut cannot help oil price going up by MBT, up wages cannot fight inflation by this S...something indian minister. I think all fellow Singaporeans are like second wife sons or son of a B......... Nobody will comes to your rescues man...

Hi all, Need your views and opinions before I get stuck with something I don't really need. In buying a condo, do I really need to get mortgage insurance? And since I'm working and my spouse is not, should I get joint mortgage insurance or just insurance for me. By the way, our loan is for 30yrs. My loan agent said should get one. One of my friend said should only get for me, as my spouse anyway is not contributing to income. Would like to understand the pros and cons of getting/not getting mortgage insurance. Your opinions pls. Thanks, An