WIll BLR in future increase from 6.75% or lower, (Discuss)
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 Jul 9 2010, 02:12 PM
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#1
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12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia.... 
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QUOTE(leongal @ Jul 9 2010, 01:10 PM) according to economists, this might be the last rate hike for the year....expect the blr to stabilise throughout the year.... Damm I hope BNM will raise the OPR further, so that the BLR continue to rise. Too many hot money around, spoiling all the investment opportunities.   |
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Jul 10 2010, 05:27 PM
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#2
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(xuzen @ Jul 10 2010, 01:08 PM) The monthly payment remains the same, but a bigger chunk of it will go to pay the bank interest. My monthly payment actually increase/decrease with the rise and fall of interest rates. So I guess I am on a different plan then. The end result is that your term will become longer. Xuzen  |
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