For this new year of 2010, Maybank are now offering their customers two new mortgage packages.A new MaxiHome and MaxiShop Fixed Rate packages which gives you choices from 3, 5 or 10 years fixed rates.This has to be two new products that will be a hit these few days.

However, this exclusive packages MaxiHome and MaxiShop Fixed Rate packages are offered only from Jan 1 to June 30, 2010 according to Maybank spokeperson.

So, within theese two mortgages package, which one suits you best?If you are seeking interest rates stability and sustainable cash flow during the initial first few years of property purchase you will need a MaxiHome package .In fact MaxiHome package will give you less worry on base lending rates (BLR) fluctuation in the near future.

The MaxiHome package offers low fixed rates home loans starting as low as BLR of -1.8 per cent for property under construction and completed properties.That has to be one of the best deal in town now.

Another one package, MaxiShop,the rates are as low as BLR -1.40 per cent for those under construction and also for completed properties.

These two mortgages package from Maybank will provide a fixed rates that allow property purchasers the option to select a fixed rate scheme which best suits their financial needs for a given period of time before the loan switches to variable rates pegged against the BLR, upon expiry of the fixed rate tenure.So, i don’t see why this MaxiHome package and MaxiShop Fixed Rate packages is not a great deal.What do you think?

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