any confirmation yet?

In my opinion this agreement between banks won't last long one lah...

Now, imagine the scenario A,B,C bank standardized their rate, then what will consumer look for? Consumer will look for a bank that provides the best service maa. If A Bank's service is lousy, then sure will lose out de, so after some time, all the customer will flow to B and C bank. When this happens, A bank will red eyes and want a share of the market mah, so they will start to play something outside the agreement to take back the customer base. By the time A Bank does that, D,E,F,G will follow, and eventually B,C will go back into the competition again...

Just my personal opinion, i feel that overseas banks provide much better customer service than local banks...

Confirmed. Max is -1.8%, non-ZEC. This does NOT affect new launches, only refinancing and sub-sale.

sub sales?!@

RHB starting next week

I went to a softlaunch recently and understand it will affect new lanches.

Spoke to RHB agent and found
- There is no more 0% during consturction, maybe it vary from developers..
- The rate is BLR - 1.X

Actually its confirmed but maybe not written black and white

“Our market survey shows that mortgage spread has been reduced from the previous BLR minus 2%-2.3% to BLR minus 1.6%-1.9%,” the report said."

SOS: http://biz.thestar.com.my/news/story.asp?f...22&sec=business

so now is -1.9% blr and RM50 charges for credit card when u open your loan account with bank. Either way, house buyer is losing out and those doing mortgage sales will have a tougher time ahead.

apply housing loan need to apply credit card as well u mean

not sure about other bank bcos i sign up twice with SCB,both time they also give credit card.

i aslo get cc from scb..luckily it come preloaded with 50 for gold and 100 for plat..thought can earn money

UOB today onwards BLR -1.8% whole tenure nzmc. PB customer -1.9% whole tenure nzmc. latest info... ^^

Maybank:
http://www.maybank2u.com.my/mbb_info/m2u/p...sonal/LOA-Loans
Rates
Financing rates are very competitive with rates of as low as BLR - 2.20% for under construction properties until 31st December 2009 and BLR - 1.80% for completed properties (effective 2nd November 2009).

This post has been edited by hong0228: Nov 3 2009, 04:21 PM

the below is what i copy from other forum posted by a HSBC banker...

For Completed Property & Under Construction Property:
ZERO ENTRY COST Package
Interest Rate:
1st Yr : BLR - 2.20%
2-5 Yr : BLR - 1.70%
Thereafter : BLR - 1.90%%

NON-ZERO ENTRY COST Package
1st Yr : BLR - 2.60%
2-5 Yr : BLR - 2.10%
Thereafter : BLR - 2.10%

*Last updated:- 01/11/2009

read tis: http://biz.thestar.com.my/news/story.asp?f...89&sec=business

look likes not all the bank are following the rate. i just check with EON bank and they still offering -2.25 with T&C apply.

Citibank still same. if interest with citibank, let me know.

As far as I know, I've never heard of Citi offering BLR - 2% or -2.2%.
So when you meant same is it because before and after also it's offering -1.8%?

dont forget that citibank's blr is higher than most banks

depends on loan amount BLR-2.3, BLR- 2.4 also possible. still zero at the moment.

no news from marketing at the moment. so still selling old rates

This post has been edited by airline: Nov 4 2009, 09:44 PM