Friday May 15, 2020

#22: Types of Floating Interest Bank Rates

On today’s nugget, Melvin and Kevin talked about the different types of floating interest bank rates that are commonly offered in property mortgage loans. Often times, people are usually confused over a fixed rate package and a floating rate package. So, we discussed what are some of the differences between these two packages, as well as some advantage and disadvantage that you need to look out for and of course, what kind of packages are usually suitable for what kind of investors.

This episode was originally aired in July 2019 on our YouTube channel. To view more visuals where we show charts, figures, and stats, head over to our PropertyLimBrothers Youtube Channel and look under #AskPropertyLimBrothers and #Investors Playlist.

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