Banks advise prudence as more younger Singaporeans take out home loans

Banks say the number of younger Singaporeans taking up home loans has risen slightly in the last few years. Today, they form more than a third of those borrowing to finance a property. While default rates remain low for this group, banks caution against over-committing. Rebecca Metteo with more. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia