any news on whether the interest rate will increase?
benhur80
when will the increase of interest rate?
anyone can confirm on that?
fondue
could be as early as tomorrow else by next week lo
purecat
u are talking about bank interest rates i presume ? i heard its next yr...
my guess for a possible increase is a speculated news that import tax for car dealers is going down...
then car costs is expected to drop.. then demand will go up... then loan interest will go up...
dunno lah.. all rumours..
no time is the best time to buy... buy when u really fancy the car bah.
once buy liao... dont ck out the current interest rates. then wont feel the pinch loh
else refinance after 3 yrs.
w2k_83
Confirmation from my friends who are car sales executives... interest arte to increase to 3% for <7 yrs loan and 3.25% for 7 yrs and above... this will take place as soon as next week
DaKaR
Last i know, OCBC will raise WEF 26/11/05 1-5 years 3% 6-10 years 3.25%