Malaysian Mortgage Rates tipped to Rise

Banks are ending the mortgage price wars. It was just weeks ago that some banks offer mortgage rate for as low as BLR -2.4%. Today the market rate ranges from BLR -1.5% to -1.9%. Furthermore, some banks have ceased to offer Zero Entry Cost packages.
With the economy showing signs that it will be coming back on its feet next year, there is also a looming possibility that BLR may increase. BLR is at a historic low now at 5.55%.
Borrowers pay close attention! If you have a good piece of property that you are planning to buy, please hasten the process. Seize whatever that is left from the aftermath of the mortgage war.

As the saying goes... Don’t wait to buy property, Buy property and wait.


Miami Shores Houses said...

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Jason Young said...

My pleasure, Miami.