Fall or not, u still need a house for husband and wife. It can fall maybe, but house can increase too. My opinion, maybe stagnant.

Correct. U can always buy cheap big big houses somewehere in Sungai Besar Selangor but it is almost 100km away from KL. So preference, do you want it or not, that is the question.

Selangor is a big state. Dont think of Shah Alam and Subang Jaya only.

Kajang is quite decent, but yeah not my cup of tea.

If it is so terrible to buy expensive house then dont buy expensive house ...buy cheap ones, there are lots...but then nobody wants to buy cheap. There is a rundown 30 yr old flat in Taman Maluri, 100k 565 sq ft, any takers? It is 2-3 km away from KLCC.

Then somebody will say I am an agent after this.

The article is definitely for US readers only. The so call no 3 points...of course laa, US interest rates Is 0.25%, it cannot go any lower. Why people want to think and wish that all this bad stuff should happen to Malaysia? If u miss the boat u miss it. Accept dat fact.

I am not confused laa aiiyoo. The mortgage moves with the fed rates. The fed rates cant go any lower, that means the mortgage rates cant go any lower. Our mortgage rates moves with the OPR rate in Malaysia right? Same concept laa. Of course la morgage rates cant be 0.25%.

And the only anticipation when fed at 0.25% is interest rate is going up coz it cant go down no more. Now the guessing game is how long will it be at 0.25% and how the market will react when they think fed will increase, dats it.

Oh because as i said the market expects that interest rate goin up after bernanke open his mouth and talk cock. Then this is where banks in the US reacting.

Man i work in the bank laa, bond yield went up after bernanke open his mouth two months ago. He said the tapering will start soon, it was a mistake but the damage was done. Banks react after that. That is why Malaysia is having the same effect, now banks in malaysia also expect a rate increase too. Because if Fed increase rates OPR just might follow too.

Because one thing Fed cant drop to 0% can they? So the only way to go is up.

Wutever laa, believe wutever u want. Wait 10 years more, then a house in taman maluri will be rm10,000 only.

WOW!! Shoot in the dark but hit the Bullseye!

Hit the Bullseye again!

http://www.gobankingrates.com/mortgage-rat...-cincinnati-oh/


What Determines Cincinnati Mortgage Rates?
By Amanda Garcia • Posted in Mortgage Rates • August 12, 2013
Home > Mortgage Rates > What Determines Cincinnati Mortgage Rates?
0

current mortgage rates in Cincinnati

As the national economy and housing market continue along the road to recovery, current and prospective homeowners may begin to wonder what exactly affects the current mortgage rates in Cincinnati. From actions and statements given by the Federal Reserve to national trends and averages of mortgage rates, there are numerous factors at play when it comes to Cincinnati mortgage rates.

The following is a comprehensive review for prospective Cincinnati homebuyers looking to get ahead on their next mortgage loan by understanding how current mortgage rates in Cincinnati are actually established.

The Federal Reserve and Cincinnati Mortgage Rates

When it comes to raising or lowering mortgage rates across the nation, the Federal Reserve has a lot of influence. Whenever the Fed raises or lowers its rates, it directly affects the supply and demand of mortgage loans; this is because Federal loans are, in fact, mortgage-backed securities, explained Jenny Zhang of Quicken Loans.

Essentially, Cincinnati mortgage rates will mirror the upward or downward trend of mortgage rates from the Fed, which in turn will encourage or discourage people to seek mortgage loans for homes in their area.

So when Chairman Ben Bernanke hints that the Federal Reserve could possibly raise interest rates for mortgage-backed securities in the future, homeowners paying Cincinnati mortgage rates should pay attention.
National Mortgage Rates vs. Current Mortgage Rates in Cincinnati

If Cincinnati mortgage rates are affected by actions of the Federal Reserve, then the national mortgage rate average can be a good barometer for local homeowners wondering if they’re paying too much in interest for a mortgage loan.

Currently, the U.S. average for 30-year fixed mortgage rates is 4.59% APR, up from 4.55% APR a month ago. Meanwhile, Cincinnati mortgage rates for 30-year fixed mortgage loans range from 4.17% APR to 4.78% APR, which means local homeowners might be paying a bit less interest overall than other parts of the country.

Keep in mind that, a year ago, the average U.S. mortgage rate for these loans was 3.88% APR, so there’s a possibility that current mortgage rates in Cincinnati could increase over the next few months if the national average continues to trend upward.

At the same time, the U.S. average for 15-year fixed mortgage rates is currently 3.68% APR, slightly up from 3.66% APR a month ago and up significantly from last year, when it was 3.15% APR. Meanwhile, Cincinnati mortgage rates for 15-year fixed mortgages range from 3.30% APR to 3.84% APR, with interest rates from some Cincinnati mortgage loans pacing a bit lower than the national average.

Read more: Factors Affecting Current Mortgage Rates in Cincinnati, OH
Follow us: @GoBankingRates on Twitter | GoBankingRates on Facebook

There for all to see...I work in the Bank and deal with this thing laaa...I know my stuff.

I like to shoot in the dark but always hit the Bullseye.

Anyway, as I said before this situation is in the US and not Malaysia.

Yeah hope u are not in the financial industry coz it will be a disaster.

See even when i put in plain direct facts of how fed rates effect mortgage rates, these people can still say that they are right and i am wrong. What more can I say?

Well just Burn Baby Burn!

Alerting people is fine just dont give wrong information and induce the readers to make wrong decision, eg fed rates dont affect mortgage rates..I mean what? And write so confidently and patronize the opinion of the guy who is actually right. I mean difference in opinion is fine, but claiming black is white and white is black? A big NO NO!

We dont answer because we dont know. Well I dont know. If I dont know, i dont shoot. Sorry.

But see if it is in Kelantan, u can get cheaper than 500k. It all depends on location location location.

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.

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.

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