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Thread: Housing Loan Issues?

  1. #1
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    Default Housing Loan Issues?

    Good Day,

    Thanks for taking time to read this discussion. Are you looking to buy a property? What are the best financing deals available in the market? Is your current housing loan an unrealistic burden to you? Are you paying more than you should? How are the future and current government policies going to affect you?

    Fret not, we are a one stop solution provider in mortgage refinancing and housing loans, dedicated to acknowledging your financing issues and providing the best advice. Do reply to this post with your enquiries and we would reply you with our professional advice. Agents are welcomed as well.

    If you require an in depth discussion, do feel free to contact us via email:
    [email protected]

    Alternatively, you can reach me at: 92593000 (John) / +65 65112953(Tel) / +65 65112963(Fax)

    Have a great day ahead,
    Johnathan Ong

  2. #2
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    Hi, Jonathan/Johnathan,

    I just read a book regarding the coming collapse of the dollar bubble and the coming hyperinflation and frankly I am scared

    Any instruments or combination of instruments that will allow to me to pay a fixed rate for 30 - 40 years? or if dont have, 10 years fixed?

  3. #3
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    Quote Originally Posted by hopeful
    Hi, Jonathan/Johnathan,

    I just read a book regarding the coming collapse of the dollar bubble and the coming hyperinflation and frankly I am scared

    Any instruments or combination of instruments that will allow to me to pay a fixed rate for 30 - 40 years? or if dont have, 10 years fixed?
    If u believe dollar collapse plus hyperinflation, u shd sell all ur ppty now n buy gold

  4. #4
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    Quote Originally Posted by devilplate
    If u believe dollar collapse plus hyperinflation, u shd sell all ur ppty now n buy gold
    i half believe...so only taking sweet time to dispose my pptys now, anyway, the experts say will be around 2013-2015, in line with normal business cycle......

    But Malaysia's ING bank fixed 5% for 30 years for Malaysian properties really tempting....imagine during high inflation or hyperinflation, the property is basically free.....
    The problem is, I only half believe

  5. #5
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    Quote Originally Posted by hopeful
    i half believe...so only taking sweet time to dispose my pptys now, anyway, the experts say will be around 2013-2015, in line with normal business cycle......

    But Malaysia's ING bank fixed 5% for 30 years for Malaysian properties really tempting....imagine during high inflation or hyperinflation, the property is basically free.....
    The problem is, I only half believe
    Wat u mean ppty is free? Inflation is gd for ppty but hyperinflation is bad

    Btw, nxt yr shd b a gd time to sell

  6. #6
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    Quote Originally Posted by devilplate
    Wat u mean ppty is free? Inflation is gd for ppty but hyperinflation is bad
    imagine inflation at 1000% whereas the mortage stays at 5%. isn't that free.

  7. #7
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    Quote Originally Posted by hopeful
    imagine inflation at 1000% whereas the mortage stays at 5%. isn't that free.
    i believe Ppty px will crash if inflation hit more den 15%

  8. #8
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    nevermind, just asking for the Mortgage specialist/Jonathan whether a product/combination of products exist in the market......

  9. #9
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    Quote Originally Posted by devilplate
    i believe Ppty px will crash if inflation hit more den 15%
    if inflation is 15%, the general price level will increase 15%, property price will also increase, it will not crash...

  10. #10
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    Quote Originally Posted by dnomyarw
    if inflation is 15%, the general price level will increase 15%, property price will also increase, it will not crash...
    property is not a gd hedge for hyperinflation....in fact prices will crash bcoz int rate will shoot up to more den 10%

    u may wana google more info on hyperinflation

  11. #11
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    May 2011
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    Default Hi hopeful

    Hi hopeful,

    Glad to be of your assistance. Unfortunately, banks currently only offer fixed rates for a maximum tenure of 5 years and it will be a locked in package, meaning that any partial or full pre-payment would result in penalty charges.

    Due to the vast variety of packages in the market, it really depends on the characteristics of each individual, taking for example risk appetite and financial stability.

    It would be my pleasure to provide you with non-obligatory discussion or advice. Do feel free to contact me via the channels provided in this post.

    Last but not least, I would like to thank everyone who had contributed to this post with your valuable insight and analysis on the market. Have a good day.

    Cheers,

    Johnathan

  12. #12
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    Jan 2009
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    Quote Originally Posted by devilplate
    property is not a gd hedge for hyperinflation....in fact prices will crash bcoz int rate will shoot up to more den 10%

    u may wana google more info on hyperinflation
    I think i know what hyperinflation is... no need google la

    As inflation moves from say 5% to 15%, property will not crash immediately. Central banks will hike interest rates, the speed of hike depending on how the economy is doing.

    In the case of stagflation, they will not hike rates as quickly.

    In the case of a nice recovery, they will hike rates faster. But in the mean time property also will not crash. Property may start coming down after this recovery and interest rates peak.

  13. #13
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    Its all a cycle... if got holding power to weather the high bank interest rate, then all is fine coz the next low is just roung the corner...

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