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Monday, 27 February 2012

Sign of interest rate picking up???

Maybank iSavvy 12-months FD at 1.18% when I renewed this morning. Last year was at 0.88% if I remembered correctly.
Posted by Createwealth8888 at 09:09
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2 comments:

  1. Anonymous27 February 2012 at 09:41:00 GMT+8

    A sign of coming trouble in the place where it hurts the most i.e. home

    ReplyDelete
  2. Anonymous27 February 2012 at 18:35:00 GMT+8

    The banks have tighten the money supply recently escpecially to those who want to apply loan for micky mouse apartment.

    The bank deem these micky mouse apartment as risky asset; it will be hit hard during economy downturn as most of these apartments are for investment. Their value will drop sharply and bank may request for margin call.

    RayNg

    ReplyDelete

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