DO YOU KNOW WHAT THE HOT TOPIC IS TODAY? RISING INTEREST RATES…, RISING INFLATION….. and now ……..MORTGAGE STRESS TEST!!!
StarBiz 24th March 2011
“Individuals borrowers will be subject to a stress test to gauge if they can afford a new loan once guidelines are introduced in the third quarter of this year”
“… be stress-tested in the event interest rates were to rise by 100 to 200 basis points..”
Meaning: Loan application will be accessed with the assumption of BLR increasing by a further 1% to 2%, to ensure the borrowers are prepared for such jump in their loan instalments.
Do you have a BLR housing loan? If yes, did you know that BLR has gone up by 0.75% last year? Economist are predicting another 0.50% to 0.75% increase in 2011 as early as in May. This will make a total interest increase of 1.50%.
We can help to provide you a FREE stress test. The stress test will help you compute the impact of the interest rate hikes in BLR and how it will affect you. We can provide this financial advice at no obligation and if possible advice you how to save and cut the years off your loan.
Interest rates are rising soon, inflation is rising. There is NOTHING we can do about it. One thing we can do is to help you to manage your biggest liability. Let us help you hedge interest rates and get you to lock-in today at the lowest long term fixed rates in Malaysia –
AIA HOME LOAN : 4.85% p.a. and 5.25% (Zero Moving cost)
Enjoy both a BLR-free and Stress-free loan. Hurry, this offer is only for limited period only.
FOR MORE INFORMATION PLEASE CALL :-
Akita H/P: 019-3388313
Email: [email protected]
Azwani H/P: 012-3320354
Email: [email protected]
