Posted by: mylittlesnow | March 18, 2010

Malaysia’s Base Lending Rate (BLR) possibly going up again later this year…

To all ya potential house buyer out there, especially those who are about to commit to big debt, check this out. As you know, the current BLR is hovering around 5.8% right? But a little bird told me that around the Q3 of this year, we should expect another 0.5 basis point up again. Well, that will make it to be around 6.3%, doesn’t sound that much? But if you’re going to commit to like RM600k or more loan, then that 0.75% increase do make a difference in your monthly repayment.

I will not be responsible for the accuracy of this information, so pls take this as it is. You can check the current BLR rate here:

http://www.meshio.com/base-lending-rate/

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