Bank Latest BLR in March y2009
Did you know what is the latest BLR (Base Lending Rate) or latest housing loan package? Overnight Policy rate (OPR) and BLR had being adjusted again. The world economy crisis was slow down most of the fields, include in Property sector.
The reducing of the BLR was benefits to home owners. Those housing loan borrower with floating rate type have chance to reduce monthly loan repayments or reduce total year of tenure for their housing loans.
Once again latest BLR recorded the lower point for past 20 years. Referring to Malaysia Bank mortgage BLR history. And below table show a list of Base Lending rate offered by Bank in Malaysia and the effective date.
(Note: The latest BLR rate updated in March y09)
Welcome to inform me on any changes of the conventional Base Lending Rate (BLR) in bank mortgage rate that you know about. We going to share the latest BLR information to all the housing loan borrowers. Thanks in advance.
Economic is rebound and most of the sector show good sign and all the interest was growth. BLR was increase from 5.80% to 6.05% in May 2010. Estimate BLR will keep increase till 6.80% at the end of the year 2010 or beginning of the year 2011. BLR will become 6.30% in Aur 2010
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