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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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celinek
post Jul 10 2014, 06:03 PM

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http://www.bnm.gov.my/index.php?ch=en_pres...ac=3035&lang=en
celinek
post Jul 10 2014, 06:05 PM

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How to interpret this?
celinek
post Jul 10 2014, 06:07 PM

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How much going to increase?
celinek
post Jul 10 2014, 06:12 PM

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QUOTE(gogo2 @ Jul 10 2014, 06:08 PM)
Depend on how bank react. If bank -2.6 then no different lor. But if bank still -2.4 then property will be priced cheaper.
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How the property can be cheaper?
celinek
post Jul 10 2014, 07:21 PM

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QUOTE(Jliew168 @ Jul 10 2014, 07:05 PM)
Haha I should hold my offer letter with bank if blr increase and nego for a better rate..may be -2.6 instead offer me 2.45 now..
Anyway as tai kor here said life goes on..
I not sure this is a good news or bad news to dddd..
Blr increase they have to pay more for instalment so I not sure why some of them so happy unless they are so damn rich no need loan ba
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Or no property no loan

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