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 Fixed Deposit Rates in Malaysia V6.1, Please Read Post #1

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topearn
post Jun 29 2014, 01:18 PM

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QUOTE(bbgoat @ Jun 29 2014, 01:13 PM)
Yes look forward, man. Counting down to July 10 for FD promo after that date ............... rclxms.gif
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June 10 FD promotion ? For all banks in Malaysia ? Expecting a big increase to existing FD rates ?

topearn
post Jun 29 2014, 03:32 PM

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QUOTE(bbgoat @ Jun 29 2014, 01:21 PM)
July 10, bro. OPR expecting a change in July 10.  rclxms.gif
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h, expected how much change ? Probably just 0.25%, right ? I guess if correct, not much adjustment to BLR and thus also not much impact on the property market.

topearn
post Jun 30 2014, 09:02 PM

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Received sms from HSBC abt thier FD promotion - 3.7% for 12 mths and 4% for 36 mths.
If FD rates goes up substantially that will affect the property market badly cos less people can afford to borrow housing loans.
topearn
post Jul 2 2014, 08:19 PM

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QUOTE(kucingfight @ Jul 2 2014, 04:03 PM)
i think it is confirmed OPR will be increased. more likely 0.5%

Why? as my housing loan (this month) increased from rm1601 to rm1894.. mad.gif
came as a surprise to me
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That's a huge increase; a 0.5% BLR increase would not have cause such a huge increase. Check with them how much actually is the rate increase.


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