Dear forumers,

How does everyone think of Fixed Rate Home Loans?

AIA just launched some amazing new knockout rates from as low as 4.99% Fixed the entire tenure!

Check out the link below for more info.

http://realestate.net.my/forum/viewtopic.php?t=10154

I'd say its an amazing offer for anyone looking at a 10 years and above loan tenure.

Let me know what you guys think.

Best Regards.

Thanks for the feedback so far.

Referring to boon's response..

"What is so great when the current BLR is volatile?"

I personally think 'Certainty' matters especially when everything else is volatile or uncertain.

Why put money in FD when the returns are even lower than Inflation? Mainly because of its certainty and knowing for sure its there when you need it.

Moreover we're talking about one of the bigger investments in one's lifetime. Same goes to owning a property, knowing for sure you're gonna clear it off in exactly 20 years.

I just wanna get everyone's opinion as there are many seniors and sifus here whom have gone through a few recessions for the past few decades.

Being young and inexperience, most would just jump on the lowest BLR-% rates and hope it stays that way.

I'm hoping to get some views from people who really take the time to make informed and calculated decisions and would rather not 'gamble' it when it comes to investing.

I wonder what would Warren Buffet go for?

This post has been edited by Zarth: Feb 17 2009, 05:52 PM

Warren Buffet, the world’s richest man lives in Omaha, Nebraska in a 6,000-square-foot gray stucco house he bought in 1958 for $31,500.

Anyone know if he bought it with cash back then or did he take a loan?