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 Interest changing to BLR + 0% and higher?, Starting from 1 January 2015

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topearn
post Jan 25 2018, 04:43 PM

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Overnight policy rate (OPR) raised 0.25% to 3.25% – the first increase since July 2014.
Will this have any impact on house prices or will this lead to more forceclosure due to higher loan payments ?

topearn
post Jan 25 2018, 04:48 PM

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Generally housing loans are fixed rates or varies withe the BLR ?

 

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