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 Are you guys ready for hike in interest rate?, Interest rate rising in July & September

Are you guys ready?
 
Yes, my loan percentage is low compared to my earning. [ 124 ] ** [63.59%]
No. (Explain why no?) [ 71 ] ** [36.41%]
Total Votes: 195
  
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wen
post Jul 10 2014, 04:46 PM

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does this mean new applicant after blr raise to 6.85% can get better rate, such as -2.5 or -2.6?
bearbearwong
post Jul 10 2014, 04:53 PM

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QUOTE(wen @ Jul 10 2014, 04:46 PM)
does this mean new applicant after blr raise to 6.85% can get better rate, such as -2.5 or -2.6?
*
nope.. if minus BLR get so high then no point to increase BLR, you still get rates of minus 2.4 or best 2.45

you will pay more installments to bank if interest increased
bearbearwong
post Jul 10 2014, 04:54 PM

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QUOTE(gogo2 @ Jul 10 2014, 01:56 PM)
let countdown and speculate...

maybe like brazil, hehe 7.0% BLR... minus 2.45
wen
post Jul 10 2014, 05:05 PM

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QUOTE(bearbearwong @ Jul 10 2014, 04:53 PM)
nope.. if minus BLR get so high then no point to increase BLR, you still get rates of minus 2.4 or best  2.45

you will pay more installments to bank if interest increased
*
ic ic .. i m in the mist of deciding which bank to choose from.
The bank that i dun like offer me -2.45, while my favor bank offer -2.4 for first 3 years and -2.45 for the remaining 32years.
Mind sharing your opinion on this? Shall I stick to my favor bank?
Babizz
post Jul 10 2014, 05:07 PM

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QUOTE(wen @ Jul 10 2014, 03:05 AM)
ic ic .. i m in the mist of deciding which bank to choose from.
The bank that i dun like offer me -2.45, while my favor bank offer -2.4 for first 3 years and -2.45 for the remaining 32years.
Mind sharing your opinion on this? Shall I stick to my favor bank?
*
which bank u no like?
bearbearwong
post Jul 10 2014, 05:11 PM

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QUOTE(wen @ Jul 10 2014, 05:05 PM)
ic ic .. i m in the mist of deciding which bank to choose from.
The bank that i dun like offer me -2.45, while my favor bank offer -2.4 for first 3 years and -2.45 for the remaining 32years.
Mind sharing your opinion on this? Shall I stick to my favor bank?
*
actually your case were just merely 0.05 only.. not much difference bank negara here increasing 0.25 also very low effect..

your loan amount is not high izzit below 500k? 3 years only. choose the one you favour
bearbearwong
post Jul 10 2014, 05:12 PM

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QUOTE(Babizz @ Jul 10 2014, 05:07 PM)
which bank u no like?
*
maybank, my guess or bank rakyat, they are competitive lately in loan rates
Jagalat
post Jul 10 2014, 05:20 PM

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QUOTE(wen @ Jul 10 2014, 06:05 PM)
ic ic .. i m in the mist of deciding which bank to choose from.
The bank that i dun like offer me -2.45, while my favor bank offer -2.4 for first 3 years and -2.45 for the remaining 32years.
Mind sharing your opinion on this? Shall I stick to my favor bank?
*
In this case, I would say proceed to your favor bank... nod.gif
wen
post Jul 10 2014, 05:34 PM

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QUOTE(Babizz @ Jul 10 2014, 05:07 PM)
which bank u no like?
*
R, M, C ... I scared if i list out then all become i no like. Cos i m bias ( I do admit I am blush.gif )

QUOTE(bearbearwong @ Jul 10 2014, 05:11 PM)
actually your case were just merely 0.05 only.. not much difference bank negara here increasing 0.25 also very low effect..

your loan amount is not high izzit below 500k?  3 years only. choose the one you favour
*
is above 500k .. and above 600k .... doh.gif doh.gif

QUOTE(Jagalat @ Jul 10 2014, 05:20 PM)
In this case, I would say proceed to your favor bank... nod.gif
*
Thanks for all your opinion. I think i will stick to my favor bank
Jagalat
post Jul 10 2014, 05:45 PM

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QUOTE(wen @ Jul 10 2014, 06:34 PM)
R, M, C ...  I scared if i list out then all become i no like. Cos i m bias ( I do admit I am blush.gif )
is above 500k .. and above 600k ....  doh.gif  doh.gif
Thanks for all your opinion. I think i will stick to my favor bank
*
Just side track, R, M(another M), C may seek for merger ...

http://www.thestar.com.my/Business/Busines...-seek-to-merge/
bearbearwong
post Jul 10 2014, 05:48 PM

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QUOTE(Jagalat @ Jul 10 2014, 05:45 PM)
Just side track, R, M(another M), C may seek for merger ...

http://www.thestar.com.my/Business/Busines...-seek-to-merge/
*
everyone say merger means stronger, i say merger means someone is losing money.. once merged, dilution of power is true.. shareholders share sure to be diluted under merger.. looks like RHB bank collapsing... OSK and MSBS fast lor...

look at those insurance companies, more merger less number of insurance company... haizzz

i suspect RHB giving so good rates di.. you kow why like EON cap last time, keep giving out loans like mad, coz in papaer if you give out more loans means your company share on take over time higher lor, can sell higher, now RHB are trying this pattern ah?

yum yum to come...


This post has been edited by bearbearwong: Jul 10 2014, 05:50 PM
tabletman
post Jul 10 2014, 05:51 PM

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QUOTE(Wiredx @ Jul 8 2014, 08:11 AM)
Bad news for developers. Now they may have to price new launches more conservatively.
*
If the developers still haven't earned buck load of money then it's really bad for them. Otherwise, let other people earn some money lah while they earn less.

cybermaster98
post Jul 10 2014, 05:51 PM

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Any announcement on the OPR rake hike yet?
bearbearwong
post Jul 10 2014, 05:53 PM

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QUOTE(cybermaster98 @ Jul 10 2014, 05:51 PM)
Any announcement on the OPR rake hike yet?
*
countdown lorr... hehehhehe... 50 basic points one shot
justjerm
post Jul 10 2014, 05:57 PM

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Will the current projects give more discount and new yet to be launched project will start at a lower price?
kcphoon
post Jul 10 2014, 05:59 PM

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0.25%!
22222222
post Jul 10 2014, 05:59 PM

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QUOTE(bearbearwong @ Jul 10 2014, 05:53 PM)
countdown lorr... hehehhehe... 50 basic points one shot
*
haha....agreed. Cannot slowly slowly up......one shot 50 basic points gaodim for this year.

After that, focus on petrol subsi, tnb subsi and GST. sad.gif

22222222
post Jul 10 2014, 06:00 PM

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0.25 up
bearbearwong
post Jul 10 2014, 06:02 PM

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QUOTE(kcphoon @ Jul 10 2014, 05:59 PM)
0.25%!
*
link please, congratulations... waiting for September luu
celinek
post Jul 10 2014, 06:03 PM

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