My Financial Thoughts

Yesterday, OCBC launched a new home loan package called Ideal Mortgage. It is supposedly different because it uses its own unique Mortgage Lending Rate (MLR) instead of the typical Base Lending Rate (BLR).
Apparently, the MLR is developed exclusively for home loans and is calculated based on the mortgage business whereas BLR takes into consideration the overall bank costs.
One [...]

In the papers recently, there has been a series of property campaigns which are aimed at making it easier for prospective home owners to own a home.
Most notably are the Parade of Homes by Sime Darby as well as the 5/95 campaign by SP Setia. Last week, I also came across PKNS doing the same [...]

The other day,  a friend told me about a mortgage broker she knows and I said “Huh? What does he do?”
A mortgage broker, I gathered later, is one who helps you to source for good deals on your mortgage. So, the part where we hate most – reading and finding out about what banks are [...]

Penny had this question asked the other day “Is it a good time to invest in properties?” And I have replied this question with a resounding “YES!”
But then again, where property investment is concerned, investing now or later is still good. The old saying of “Location, location, location” still holds true no matter how it [...]