Yup. So which mean is the vendor fault who cause the delay I assume .

yup bro but better ask your lawyer to change the term la. after all you paid them to get the job done right.

Bro, thanks for the advise. Feeluch more better d

Support you bro, such waste of time dealing with these people. I don't even find it in real life to point out in this tiring way! Just smile and go.

i dont see you hit any bull eyes to be frank, lucky that you didnt kill anyone.

errr, how about you are REALLY wrong ?

Yup a bunch of egoistic people who really cant admit that they are wrong and missed d boat. Everyday can say black is white, black is white...then when it is proven it is not, can say to me it is a waste of time explaining. Huh?

Fact 1. fed rates moves in tandem with US mortgage rates.

Fact 2. this my line of work. Instead of barking that i am wrong, i am wrong prove it laaa, i proven what i said with facts already, then after losing the debate can bring on the race card again to say i am lucky because I am a Bumi. Hey where is dat guy right now? Bigots stick together. I heard Perkasa is looking for non bumi members, you guys should join them.

Anyway as all these are threads regarding properties,
Most people here are looking for properties to BBB,
so actually nobody is listening to the DDDs.
Oh yeah that is fact no 3,
coz The DDDs they all just shok sendiri.

Then prove that i am wrong laa, dont just say. Dont be like others who lose debate already and say waste time to talk anymore.

there is very good debate on the Pak lah Awekening and the Singapore boss LKY in real world ...thread. I am very active there as this property thread very boring now

u should go check it out and do remember to buy these 2 books ( last week bought at KLCC and just finished reading @ Sunday)

This post has been edited by tikaram: Aug 14 2013, 08:16 AM

Freaking emotional ... lol!!!! Thinks the whole world revolves around a single person...

For the benefit of all others, please note that Fed Rates and Mortgage Rates (in the US) have no correlation... as some may have intentionally/ unintentionally keep reiterating... The following website contains a graph mapping out these two rates against each other and it is very extremely clear there is no correlation.

http://investing.curiouscatblog.net/2008/0...e-rate-changes/

Lesson to learn is please please please be very very wary and careful of what you read here as some may sound convincing but in actual fact are spreading misleading and misguiding information.

Yea the international reviews on LKY's new book are all praise and he deserves every bit of it... relative to some other countries, Singapore is way way way way ahead and on da fact that they don't have any natural resources... WOW!!!!! Gonna be getting a copy of his book this weekend...

ROFLMAO!!!.... How saddening... this type of people are typical sore losers... not man enough to admit when they're wrong and always think they are correct... better leave them to their own thing la... Latter you kena ban for no reason then you know...

http://investing.curiouscatblog.net/2008/0...e-rate-changes/

That graph is FIXED MORGAGE RATE la brader FIXED!! Oh my god, still cant admit that he is wrong. The article previously I given proves what I say how it affects already.

"The recent drastic reductions again emphasize (once again) that changes in the federal funds rate are not correlated with changes in the 30 year fixed mortgage rate" From the article

We discuss BLR BLR, interest rate going up, going down. Want to argue about FIXED then take fixed rate interest and dont care about interst rate laa no more debate.

See Bullseye again. But then wutever laa DDD, as long as u are happy.

sign...


Interests rate is the cost of money and money goes for yield and yield depend on risks. By looking from this angle, perhaps someone would be enlightened and start thinking instead of bringing Perkasa into the discussion.

you're right, it ends nowhere......

yeah I know but he wont admit this. But then bring all his frens to gang up on me.

Please stop making yourself look bad alright...

http://en.wikipedia.org/wiki/File:Fed_Fund...001_to_2008.png

Linked graph shows Fed rate vs Fixed rates (FR) and Adjustable rates (AR).. Please note that in 03/04, Fed rate is around 1% while AR is approximately 3.5%... now look at 07/08 Feb rate drop from 5% to less than 1% while AR is maintained at above 5%... This is already enough proof that Fed rates and Mortgage rates DO NOT move in tandem...

Please do more homework/ research/ reading before mouthing off and making yourself look bad and now worse... if you're wrong admit it... be a man...

Sorry just couldn't help it... when someone is spreading wrong and misleading information I have to correct it when I know its wrong... If I don't know I'll just keep quiet.

Agreed to your point, this also means that purpose of Fed rates is very different to Mortgage rates. Anyway... whatever... Just can't help but correct the wrong... especially when others are reading this and are misled/ misguided.. If just one person telling me rubbish, I'll just walk away... and ROFLMAO!!!



This post has been edited by Rooney1985: Aug 14 2013, 09:55 AM

Wutever la, bring in more graphs or whatever..as I said expectation of what the interest rate is moves the rate too..Didn't I say about Bernanke statement?

See Banks will have meeting and discuss strategies on what to expect about the rate after a statement from Bernanke like that. But then wutever again. Believe what you want to believe.

Anyway below is from the article that you link just now

"I have update my article showing the historical comparison of 30 year fixed mortgage rates and the federal funds rate. When deciding whether to lock in a rate for a 30 year fixed rate mortgage (when refinancing or buying a new home) some believe moves in the federal reserve discount rate will raise or lower that mortgage rate directly. This is not the case, in general. The effect of federal reserve discount rates on other mortgage rates (such as adjustable rate mortgages is not the same and can be predictably affected by fed fund rate moves)."

Notice this
The effect of federal reserve discount rates on other mortgage rates (such as adjustable rate mortgages is not the same and can be predictably affected by fed fund rate moves)

U paham tak nih? Paham? I tak boleh cakap bahase lain dah. Ni je bahase boleh cakap.

Answer to the question:


The recent 8 weeks rise (avg 70bps) of US ARM mortgage rate despite no change in 0.25% fed fund (it always happens):

This is super short explanation (may miss some detail but just to give a bigger picture):

last yr op twist and QE3,4 (whatever) induced very large treasuries/bonds buying that has pushed the yield lowest point. Then Ben's Jun '13 minute hinted possible tapering due to improved trade deficit number (not stop printing but slowing down on monetization) as early as Q3 '13. The market took it as real and to reduce exposure and possible pricing down of the bills, large fund start selling. It became a self fulfilling prophecy and market was contagion and everybody was in the selling mode that forced the long term yield spike over 100bps in just a few weeks. Those new in the treasuries market last year was burnt. There is a normal 80-150 (under current low rate condition) spread between mortgage rate and long term bond yield due to diff risk level. Thus, mortgage rate has to rise.

My god... you're really desperate to win until scrapping in the dark... LOL!!!!!

First you say Federal rate and mortgage rate moves in tandem... which was already proven wrong by the graph and statistics... ... ahem and yet you don't want to admit you're wrong but still try to support your mistake and continue to misguide and mislead readers...

Now you pull in Federal RESERVE DISCOUNT rate into the picture to try and squirm your way out of admitting that you're wrong... yikes... Please please please... read up more before sharing incorrect information... Federal Rate and Federal Reserve Discount Rate are two different things... Please do not confuse yourself with the two and please be clear and not come up with the excuse, "Oh I was actually referring to that in the beginning"... wrong means wrong... admit it and be a gentleman...

End of it all... the actual historical rate movements in Fed rate and Mortgage (fixed and adjustable) DO NOT, I repeat DO NOT move in TANDEM as so fiercely support by one.

LOL!!!! from looking bad to worse to worst...