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What is Klibor?

Diposting di forum Malaysia

my husband and i plan to buy a property so i need to apply a home loan. i get to know from the banker that KLIBOR pegged housing loans are a new alternative type of mortgage loan.
he briefly explain to me about KLIBOR pegged mortgage loans and he would like me to put into consideration when apply home loan.
l need know more detail about KLIBOR loan.can i know Conventional Loan and KLIBOR home loan which one is better?

Pergi ke profil Pengguna yang sudah dihapus

  • Pergi ke profil andrew lee

    diposting oleh  di forum Malaysia 

    KLIBOR is better... if the KLIBOR goes down.. .the interest rate can be lesser...

  • Pergi ke profil winnie leong yee mei

    diposting oleh  di forum Malaysia 

    Hey, the link for the latest KLIBOR rate is this: http://www.exim.com.my/interest-rates, anyway, the rate will also published in major local newspaper such as The Star, New straits time, Sichew and Nanyang. So far as I know only 2 banks offering KLIBOR home loan, that is Standard Chartered Bank and Hong Leong Bank. And I found out the Hong leong Bank KLIBOR loan is much better as it is a flexi home loan.

  • Pergi ke profil hanalove love

    diposting oleh  di forum Malaysia 

    i already do survey for u,tan lala. KLIBOR is the best so u must choose KLIBOR because this home loan package contain the lower interest rate and package valued added package.
    u can see this graph http://i102.photobucket.com/albums/m107/normalmalay/KLIBOR-g
    raph_zpsf4d676f8.png
    the historical data from 2008 – 2013 proved that the 3-Month KLIBOR has always been lower than BLR. There is a strong positive correlation between BLR and KLIBOR. the effective interest rates are based on BLR -2.5% and KLIBOR + 1% until now also the same.

  • Pergi ke profil ong leewen

    diposting oleh  di forum Malaysia 

    can i know what is the latest KLIBOR rate right now and where can i get it?
    which bank are currently provide 3 month KLIBOR-pegged home loan package?

  • Pergi ke profil cheah goon yang

    diposting oleh  di forum Malaysia 

    KLIBOR stand for Kuala Lumpur interbank offered rates , it is the estimated average interest rate charged when one bank borrows from another bank in Malaysia. Next year onwards, KLIBOR will replace BLR home loan. http://klse.i3investor.com/blogs/rhb/45052.jsp
    No more conventional home loan anymore next year, All will replace with KLIBOR. The different between KLIBOR and BLR are, KLIBOR fluctuated more compare to BLR, due to it’s changes everyday. KLIBOR rate definitely be better, sometime is slightly lower than BLR loan though it changes every 3 mths.

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