What is the expected SIBOR Rates trend from June 2011 for next one year.?

Issue by : What is the anticipated SIBOR Premiums trend from June 2011 for following 1 calendar year.?
I have to go for refinancing for my HDB Home and was learning the trend of SIBOR rates in previous five a long time. For the previous 3 several years it is consistenly going down. Is it predicted to go down further or it has touched the bottom.

I will value if somebody can offer the elements influencing the SIBOR Prices. Some net web sites say it is also right proportional to US Fed Rates.

Pls supply feedback. Thnx.

Best response:

Response by Mycroft
Appear at the futures marketplace! The futures industry is produced up of a lot of individuals betting on what will occur to these premiums it is the best predictor you can get.

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