Would you buy a home now?
With the current economy especially in Malaysia becoming better? Would you be thinking of buying that new home now? If you look around, banks seems to be quite happy to be giving away home loans. But as the interest rates goes up down the road, it may blow a hole in your pocket too. I’m not sure what’s the rate to remortgage now but some friends say now might be the the best time? FYI, I’m no expert when it comes to money management. As far as I understand, before doing any mortgages, making arrangement to have a mortgage payment protection will be advisable. Okay, I read that from somewhere..
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