Tag: interest rate increase
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Interest rate is up yeah. PAY higher and EARN higher. Good or bad?
There are two sides to a coin. Well, it’s the same as interest rate too. When it goes up, people who has fixed deposits will rejoice because they will earn a higher return on their savings. Well, at the same time, these same people will also have to pay higher loan repayments because the interest…
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Start to worry with home loan repayment? Interest rate increase starting…
Start to worry with home loan repayment? Interest rate increase starting…
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Latest update, Interest Rate, Malaysian economic situation
Malaysia central bank governor Zeti Akhtar Aziz said that a prolonged period of accommodation could encourage investors to misprice risk and misallocate resources. In laymen terms, this simply means that interest rate cannot be low all the time because people may take too much risks and simply buy,buy, buy or also known as speculate. This…