HSBC has come up with a revolution home loan with decreasing interest rate.
The new product is pegged to Sibor and to encourage loyalty, interest rate spread will be reduced by 10 basis points annually in the 1st 3yrs, ie from Sibor+0.75 to Sibor+0.55 from 3rd yr onwards.
* AsiaOne-HSBC *
*****
Bravo!
Wednesday, July 9, 2008
HSBC Revolution Home Loan
Labels:
Bank,
Interest Rates,
Singapore
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