I haven't even start paying my first monthly repayment and they start rising already.... BLR on the rise
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 Mar 10 2010, 08:08 PM
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#1
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3,188 posts Joined: Jul 2007 From: A place called "home"  
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I haven't even start paying my first monthly repayment and they start rising already.... |
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Mar 10 2010, 11:49 PM
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#2
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3,188 posts Joined: Jul 2007 From: A place called "home"
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QUOTE(jarjar6666 @ Mar 10 2010, 09:03 PM) leongal, why you haven't started your repayment? I started my repayment right after the 1st drawndown. I duno why, it suppose to be auto deduction from my savings account, which did not happen, I think I should check with the bank tomorrow...thanks... |
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Mar 11 2010, 10:04 AM
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#3
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3,188 posts Joined: Jul 2007 From: A place called "home"
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QUOTE(jarjar6666 @ Mar 10 2010, 11:57 PM) I think the auto deduction is not in place yet, do check with them immediately. Thanks for highlighting it, I have got it sorted out today...... |
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Mar 11 2010, 03:04 PM
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#4
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3,188 posts Joined: Jul 2007 From: A place called "home"
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i think we don't have to worry too much about the rise in the interest rate actually, it is a normalizing stage.....the BLR will move in tandem with the OPR, and OPR unlikely to go above 3.5%
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Mar 11 2010, 03:50 PM
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#5
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3,188 posts Joined: Jul 2007 From: A place called "home"
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QUOTE(mingyew @ Mar 11 2010, 03:31 PM) low rate doesnt mean good package. looks for overall packages mar.. true...banks will play around to squeeze the consumers |
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Mar 11 2010, 04:04 PM
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#6
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3,188 posts Joined: Jul 2007 From: A place called "home"
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QUOTE(merce @ Mar 11 2010, 03:54 PM) count ur blessing people, u ARE enjoying the lowest rate ever in Mortgage history. yes, i agree with this....just for your information, Mortgage Loan rates average out on 6-7% pa in the past. |
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May 13 2010, 10:30 PM
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#7
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Senior Member
3,188 posts Joined: Jul 2007 From: A place called "home"
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QUOTE(CalvinCLK @ May 13 2010, 07:34 PM) BLR + 0.25% and FD + ~0.25% too... not necessary, but most probably  |
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