Latest Base Lending Rate in Bank Malaysia
Bank Negara Overnight Policy rate (OPR) being reduced to 2.50% (OPR decreasing in Jan’09), most of the banks adjusted the fixed deposit rate from 2.50% to 3.0% and Base Lending Rate (BLR). Those bank mortgage loan borrower with floating rate type have chance to reduce the bank mortgage rate. It’s one of the benefits on property investment.
However, it seems that few of the banks seems still not announce the changing of Base Lending Rate (BLR). Anyway, need to confirm with the bank whether the showed bank mortgage rate is not yet adjusted to reflect the changes of the OPR.
Referring to Malaysia Bank mortgage Loan BLR history, base lending rate hit lower point since year 1989. And below table show a list of Base Lending rate in Bank Malaysia and the effective date. (Note:some of the banks not yet announce the latest BLR).
Need to wait and see how is the reduction on the next few months. Welcome to inform me on any changes of the conventional Base Lending Rate (BLR) in bank mortgage rate that you know about.
Check for latest BLR info . . . . .Click Here
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=59469133-f2ed-4c8d-872c-06fdc89ef250)
Blog RSS
Subscribe to Full Feed RSS or via Email subscriptions!
Subscribe to the post Comments Feed or Link to this post by Leaving a Trackback
[...] Latest Base Lending Rate in Bank Malaysia | Property Investment Blog [...]
[...] Latest Base Lending Rate in Bank Malaysia | Property Investment Blog [...]
Yes, my bank have already reduced theirs effective from 3rd February 2009.
Payday Loan Store…
Really good info I found here. I can’t tell you how much trash sites I’ve come across in the last hour, so this site is a refreshing change of pace. It’s on point and I found it informative. Keep it going I like your lay out here….
[...] property sales were the Parade of Homes’ exclusive benefits, which included an interest rate of base lending rate minus 2.3%, special down payment scheme, and no interest charged during the construction period. [...]
Lease Purchase Homes…
All you have to do is sign up for the VIP Buyers list and they will start the process to find you the home you want with the terms of owner financing or lease option….
http://www.real-estate-news-articles.com/investment-property-advice-how-to-prevent-costly-buying-errors/
Hi
I recently visit your blog and reading your post it is very helpful information to people thanks a lot for sharing this .
Keep Blogging
