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 BNM Cut Rate Again But Not Benefit For New Loan, BNM Cut Rate Again But Not Benefit For N

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heavensea
post Apr 23 2020, 05:11 PM

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Cut cut cut
FD 0% soon
bigman
post Apr 23 2020, 05:12 PM

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QUOTE(AskarPerang @ Apr 23 2020, 05:01 PM)

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the profession should be wiped out from the market right now is property guru...
Zwean
post Apr 23 2020, 05:23 PM

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QUOTE(AskarPerang @ Apr 23 2020, 05:01 PM)

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Found the KING of pancut awal.
ManutdGiggs
post Apr 23 2020, 10:51 PM

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QUOTE(Zwean @ Apr 23 2020, 05:23 PM)
Found the KING of pancut awal.
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Well u know la some ppl need to just boast to show ppl how gd they r. Tis kinda species r usually hav low self confidence n usually vely racist cos living in own world cheating own species n alwiz onli know a new way to blame ppl.

Oh yeah some guessed it rite. Tat kinda ppl r like trump. Or r they all trump???

U just dun c bill Gates tok shit like trump rite??? But tis self claimed hensum skl is. 😊
icemanfx
post Apr 24 2020, 12:02 AM

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QUOTE(ManutdGiggs @ Apr 23 2020, 10:51 PM)
Well u know la some ppl need to just boast to show ppl how gd they r. Tis kinda species r usually hav low self confidence n usually vely racist cos living in own world cheating own species n alwiz onli know a new way to blame ppl.

Oh yeah some guessed it rite. Tat kinda ppl r like trump. Or r they all trump???

U just dun c bill Gates tok shit like trump rite??? But tis self claimed hensum skl is. 😊
*
BBB/uuu were not much different during the bull run.
Ckmwpy0370
post Apr 26 2020, 10:03 AM

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QUOTE(Zwean @ Apr 23 2020, 03:17 PM)
Don't pancut awal ya wait for official announcement.
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sharing Prediction ma! biggrin.gif



Amideva
post Apr 26 2020, 09:32 PM

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QUOTE(AskarPerang @ Mar 10 2020, 02:27 PM)
Copy paste from whatapps group:

Lowest rate for each bank (for new loan application)
*As at 10th March 2020* 1.30pm

☀ PBB - 3.9% (Gred A, 3.65%)
☀ RHB - 3.85%
☀ HLBB - 3.8% (If good profile can get 3.7%)
*
These are including the interest spread?
AskarPerang
post Apr 26 2020, 09:45 PM

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QUOTE(Amideva @ Apr 26 2020, 09:32 PM)
These are including the interest spread?
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Effective interest rate.
Lowest currently is 3.60% first year promo from PBB.
More info can ask in this thread: https://forum.lowyat.net/topic/3437581/+15360
jassicaskylpm
post Apr 27 2020, 12:33 AM

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Faizul keep it up the good work!!!

I like your knowledge sharing in FB.

Don’t care about the haters . Your sharing is very good

Knowledgeable notworthy.gif

I m a fans of you and Milan Doshi blush.gif


icemanfx
post Apr 27 2020, 02:25 AM

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QUOTE(jassicaskylpm @ Apr 27 2020, 12:33 AM)
Faizul keep it up the good work!!!

I like your knowledge sharing in FB.

Don’t care about the haters . Your sharing is very good

Knowledgeable  notworthy.gif

I m a fans of you and Milan Doshi blush.gif
*
During gold, BTC, cbj, poorperly, etc bull run, different in opinion was called hater and we all know where they ended; similarly for faizul and herd members.
forever1979
post Apr 27 2020, 05:19 AM

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cuts in interest helps most men on the street but on the other hand more and more people income has been impacted during these period...

another cut in may is expected. at least 50 basis point, most economists anticipate


icemanfx
post Apr 27 2020, 07:18 AM

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QUOTE(forever1979 @ Apr 27 2020, 05:19 AM)
cuts in interest helps most men on the street but on the other hand more and more people income has been impacted during these period...

another cut in may is expected. at  least 50 basis point, most economists anticipate
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Low bank interest rate encourage unproductive investment e.g residence and excessive spending, erode purchasing power and weaken MYR/USD Forex rate.

This post has been edited by icemanfx: Apr 27 2020, 07:19 AM
jassicaskylpm
post Apr 27 2020, 06:46 PM

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Support low interest rate that allow more consumer money flow back to market .
icemanfx
post Apr 27 2020, 07:07 PM

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QUOTE(jassicaskylpm @ Apr 27 2020, 06:46 PM)
Support low interest rate that allow more consumer money flow back to market .
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Low or near zero interest rate in japan for many years didn't increase consumer spending nor rise in property price.

before mco, consumers spending already suffered from overpriced property for the last few years and unlikely to rise in time of uncertainty.

This post has been edited by icemanfx: Apr 27 2020, 07:29 PM
jassicaskylpm
post Apr 27 2020, 07:29 PM

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I not sure about their spending then, I don’t stay at Japan, do you?
Japan property couldn’t go up due to earthquakes
Zwean
post Apr 27 2020, 07:31 PM

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QUOTE(icemanfx @ Apr 27 2020, 07:07 PM)
Low or near zero interest rate in japan for many years didn't increase consumer spending nor rise in property price.

before mco, consumers spending already suffered from overpriced property for the last few years and unlikely will rise in time of uncertainty.
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Japan is a totally different case study.

Just look at the period leading up to the 92 crash.
Not applicable as a yardstick.

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icemanfx
post Apr 27 2020, 07:34 PM

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QUOTE(jassicaskylpm @ Apr 27 2020, 07:29 PM)
I not sure about their spending then, I don’t stay at Japan, do you?
Japan property couldn’t go up due to earthquakes
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Data is available.

If earthquakes is the reason why japan property couldn't rise, how to explain drastic price rise in late 1980's?

This post has been edited by icemanfx: Apr 27 2020, 07:34 PM
icemanfx
post Apr 27 2020, 07:35 PM

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QUOTE(Zwean @ Apr 27 2020, 07:31 PM)
Japan is a totally different case study.

Just look at the period leading up to the 92 crash.
Not applicable as a yardstick.

user posted image
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After >20 years, price is still substantially below the peak. will this occur in boleh land?

This post has been edited by icemanfx: Apr 27 2020, 07:39 PM
Zwean
post Apr 27 2020, 07:39 PM

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QUOTE(icemanfx @ Apr 27 2020, 07:35 PM)
After 20 years, price is still substantially below the peak. will this occur in boleh land?
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That is not the point I was trying to make.

But you do you.
icemanfx
post Apr 27 2020, 07:45 PM

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QUOTE(Zwean @ Apr 27 2020, 07:39 PM)
That is not the point I was trying to make.

But you do you.
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There are a few similarity between Japan and bolehland property market and economic policy. Bolehland property is likely to track Japan trend with smaller magnitude.

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