Update on 7 June 2020 - Comments on CIMB New Fixed Rate Offer

Are Changes Post Lock-In Period Fair?


Update on 4 June 2020 - CIMB's U-Turn

Our response

We have released the following statement to the media.

We accept CIMB's apology. Homeownership is not possible without fair and honest mortgages. We look forward to CIMB reviewing their terms and conditions to ensure their mortgages are indeed honest. Our website HonestMortgages.sg will remain accessible as a learning point for consumers going forward.

Unanswered Questions

While CIMB has reverted to the original floor rate, there remain several unanswered questions:

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