I'm in dilemma and become more confuse now (sorry, its my first property)
When I did my research, spread rate seems to be fixed.

SO for example, in my situation, i have 2 offers last week:
MBB= 2.0 (BR) + 1.35(SR) = 3.35
RHB= 2.75(BR) + 0.55(SR) = 3.30

So based on the discussion here, aiming on lower SR, it is a wise choice to go for RHB then?

I charted a trend graph as well to see the health of the banks.



Did a very basic forecast (again, apologies as finance is not my strong suite, just trying to get a calculative decision - aware that there's tons of other factors that can impact the forecast)
Any guru to guide me on the decisioning here?

Well, spread rate is fixed after the loan signed. But their BR need to reflect the OPR too as well right? Banks do have the option to not follow, but if they do that, they will lose to competitions.


This post has been edited by popiah88: Jul 8 2020, 02:49 PM

I think to conclude my question, should we pick a loan with lower or higher spread rate, IF the total interest is the same? And why?
Eg:

MBB= 2.0 (BR) + 1.35(SR) = 3.35
RHB= 2.75(BR) + 0.6(SR) = 3.35