There are many T&C that is applied when taking a loan especially how the offer deals with the cost of fund (legal fees etc.). Make sure you understand all these charges upfront before taking the loan. You don't want to be dealing with it afterwards.

You can always compare with MRTA from other institutions and gauge the difference that you may save with your housing loan if you choose without MRTA.

(PM me. I'm working in Hong Leong Assurance) hehe..

Again, its subject to T&C. Most banks attract you with lower rates in the first few years of the loan. Then you are bound by the T&C for 5 yrs.