It is not often that the world economy sees stability on all three fronts – gradual growth, low inflation and low unemployment. Already, there is speculation on three interest rate hikes in the US next year instead of two. Some economists are predicting that there could be two rate hikes, pushing the benchmark rate to 3.75% from the current 3.25%. The biggest fear for property investors is a series of interest rate hikes which would burden repayments. This is happening after a period of relatively low interest rates over the last 10 years.

Source: The Star December 22, 2017 23:26 UTC