MAYBANK announced that its Base Lending Rate (BLR) will be reduced by 55 basis points from 6.5 per cent to 5.95 per cent effective February 3 2009.The revision takes into account the reduction in the floor rate of the one and 12 months fixed deposits by 50 basis points and the reduction in Overnight Policy Rate (OPR) by 75 basis points.

The Base Financing Rate (BFR) of Maybank Islamic Bhd will similarly be revised downwards from 6.5 per cent to 5.95 per cent effective 3 February 2009.

The reduction in Base Lending Late (BLR) is part of ongoing commitment towards the creation of a more supportive monetary environment. Housing loan borrowers will enjoy immediate benefits as the interest rates of all their loans pegged to the Bank’s BLR will be adjusted accordingly. Given the challenging in business environment, the lower cost of funding will be a boon to borrowers and help in sustaining positive economic growth in the country.

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HSBC Home Smart bank mortgage loan help property buyer own a home of the dreams and enjoy these great benefits. HSBC home smart bank mortgage loan explain more detail for the following 5 point at below:

1.Home Smart -The home loan that lets you rearrange your priorities anytime.
Choose to pay off your home loan in ½ the time or withdraw the excess cash for important things that just can’t wait.

2.Flexible features to let you rearrange life’s priorities anytime.
What you want today may not be what you want tomorrow. For example, you might decide that your main focus is paying off the home loan as quickly as possible. But if you have a baby on the way, you’ll naturally need funds to prepare for it. Home Smart bank mortgage loan allows you to withdraw any excess payments you’ve already made. Then once your finances have stabilized, you can go back to making extra payments again. Read more »

What is bank mortgage loan? There are 2 basic types for bank mortgage loan, FRM and ARM. Bank mortgage loans is a legal arrangement by which you borrow money from a bank in order to buy a property, reit, land, and pay back the money over a period of years. Some of term and condition apply depending of the borrower.
In other word, bank mortgage loans is a loan secured by real property through the use of a note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan. A home buyer can obtain bank mortgage loan either to purchase or secure against the property from a financial institution.
Two basic types of amortized bank mortgage loans are the fixed rate mortgage (FRM) and adjustable rate mortgage (ARM). ARM or knowing as floating rate mortgages are the norm and will simply be referred to as mortgages in many countries. Combination of fixed and floating rate mean that bank mortgage loan will have a fixed rate for some period, and vary after the end of that period. Floating rate is referring to Base Lending Rate (BLR) from central bank of the country. Read more »

Many people think of make money through investing. Many turn into real estate investment. How to Buying Investment Property in Smart Way? Buying Investment Property base on personal financial goals. What kind of property investment you need in real estate industry? Just to make money quickly or build long-term wealth?

For short-term investment, perhaps the best strategy for you would be looking for buying investment property that you can transform and sell easily and quickly. This is call flipping. It can be more effective if you look for houses that more run down than they really are. And only need few cosmetic changes to be made in order to greatly enhance their resale value. If you are first time property investor, you can refer to previous article “Property investment for beginners”

For build long-term wealth or increase your monthly income, perhaps you should consider buying investment rental property instead. Buying a property at a very good price, then make the changes needed to bring them up to market value. You will also need to do your property investment market research well in advance to determine that the rental value of this property will meet your expectations when all improvements are made though. Monthly rental income should more than cover the monthly mortgage loan payment. Read more »