* All rates are corrected as at 26 Oct 2009
** All rates quoted are indicative only, and subject to change without any prior notice
*** All rates indicated are to be used as a guide only. Further confirmation with the respective banks is required.
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Latest Housing Loan Packages – October
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Posted in Loan / Mortgage / Finance, Loan Packages
Tagged Bank Loan, CIMB, DBS, Finance, HLF, Home Loan, Housing Loan, Loan Package, Maybank, Mortgage, OCBC, Property Loan, RHB, SCB, SIBOR, SOR, UOB
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With an active property market, banks are pulling out all the stops to attract buyers to take home loans from them. — ST PHOTO: ALPHONSUS CHERN
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THE surge in home sales is prompting two lenders to try new marketing approaches to snare a share of the fiercely competitive mortgage market.
Tried-and-tested strategies like launching more innovative mortgage products and offering better interest rates are now standard procedures.
But some lenders are also trying more radical ways to lure borrowers – like product giveaways, snazzy marketing and that extra bit of service.
‘Banks can cut rates only up to a certain level. They have to come up with more innovative ways to attract customers,’ said Ngee Ann Polytechnic real estate lecturer Nicholas Mak. Continue reading
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Posted in Loan / Mortgage / Finance, New Launches
Tagged Approval In Principal, Approval-in-Principle, HLF, Home Loans, Hong Leong Finance, Housing Loans, Mi Casa, Mortgage, Mortgage Protector, Property Loans, Stanchart, Standard Chartered Bank
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