Interest rate would be 0.25/4.2x100 = 6% higher.
6% is not insignificant.
Are you guys ready for hike in interest rate?, Interest rate rising in July & September
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 Jul 8 2014, 12:16 PM
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Jul 8 2014, 12:58 PM
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QUOTE(gogo2 @ Jul 8 2014, 12:31 PM) actually its 0.025 right? Nope, it's an increase of 0.25% |
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Jul 8 2014, 02:01 PM
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QUOTE(cherroy @ Jul 8 2014, 01:59 PM) 25 basic point is 0.25%. That should be basis points. 100 basic point is 1%, this is jargon using in banking/finance section.  |
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Jul 10 2014, 08:23 PM
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QUOTE(Divana @ Jul 10 2014, 07:31 PM) Bank Negara increase OPR, can I increase rental to my tenant? You can always try to increase once contract finished.The question is, will your tenant stay? |
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Jul 10 2014, 08:25 PM
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#5
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QUOTE(icemanfx @ Jul 10 2014, 07:47 PM) 0.25% rise is unlikely to have any impact on property market, bnm should have increased by 0.50% Every increase has an impact.With higher interest rate people can borrow less from the bank which will have a negative effect on property prices. |
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