Home loan, Fixed or floating rate??
|
|
 Aug 29 2007, 01:33 PM
Return to original view | Post
#1
|
 
Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia   
|
QUOTE(IceQTurbo @ Aug 29 2007, 01:06 PM) The BLR life cycle is at its bottom now, so i assume it will increase soon, therefore i choose to use fixed rate 1st in order to avoid a higher interest rate. However, which bank offers the best rate? Feds is cutting their rates, so our BLR should follow suit very son instead of moving it up   |
|
|
Aug 31 2007, 04:07 PM
Return to original view | Post
#2
|
|
Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
|
u will be probably better off going for 5 years fixed, thereafter BLR based loans for now.
After 5 years, you can always refinance to better packages if you want |
| Change to: |  0.0156sec
 0.66
 6 queries
 GZIP Disabled
Time is now: 14th December 2025 - 05:07 PM |
Quote