Economic recession is said on be on its way. If you still have no idea how this all happens, head over to read the explanation by Patrick at Cash Money Life. The main cause of the 2008 financial crisis in the United States is the excessive use of credit, especially in the housing market. The real estate bubble finally burst. However, the local financial institution is not much affected. Local Malaysians still need to fork out at least 10% for the deposit, and has a good credit history before you get ...

There are so many different kind of homeloan package offered by bankers nowadays. No matters what kind of loan package we are getting, just remember to do refinancing when the penalty period is over. There is no such rule that bank cannot offer refinancing for their existing client.  However, most banks don't counter offer when we want to refinance. At least I faced this situation before. I took the HSBC homeloan package 3 years ago. The contract says that I can only settle the entire loan amount after 3 years. If it ...