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Govt. Housing Loan vs Commercial Banks, What's the differences now between the 2
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TSinoitu
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Nov 26 2009, 04:26 PM, updated 17y ago
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Heard that nowadays the Commercial banks offer lower rates and cheaper in the long run as compared to Govt. Housing loans. Can anyone elaborate on this, Thank you.
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scorgio
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Nov 26 2009, 10:28 PM
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Govt housing loan, still capped at 4% p.a. rite?
Commercial bank, the rate would fluctuate.
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airline
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Nov 27 2009, 08:08 AM
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impossible la friend..
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TSinoitu
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Nov 27 2009, 02:51 PM
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QUOTE(airline @ Nov 27 2009, 08:08 AM) Care to explain more, not even on par?
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Shazzac
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Nov 27 2009, 05:27 PM
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Yea, last i heard is still at 4% pa. If it has gone lower, would've ask mom to loan out a housing loan for me.
Sis works at citibank. Staff rate is 2% pa... wish i was working there now!
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