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 Latest mortgage rate for housing loan packages, All Mortgagers are welcomed to post...

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trivial_psyche
post Oct 4 2010, 12:03 PM

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Hi,
Just a questions, for people buying houses for home stay, why most dont want to go with fixed rate loan?

From ING i got quote fixed at 4.85%. I know its way higher now, but what if in 5years the BLR goes to 7%?

Can someone please explain to me.
Thanks

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