Welcome to the 131^st Issue of Weekly e-newsletter by www.HousingLoanSG.com. This week I like to share with you "Will Greece Debt Crisis lead to Another Global Financial Crisis?”

Here are 10 things to consider in a home loan:

1 Fixed or floating rate mortgages

Customers who want security and stability should opt for a fixed-rate package as this is a good time to secure the pricing before interest rates rise.

‘With fixed interest rates, the monthly instalments are not open to fluctuations,’ he said.

But some other customers may believe that interest rates will fall or remain low.

For them, variable or floating interest rates are the preferred route, given that the payment amount automatically adjusts as rates go down – or up.

Customers typically link their loans to one of two major benchmark rates: Sibor and the Swap Offer Rate (SOR).