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 WIll BLR in future increase from 6.75% or lower, (Discuss)

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goolie
post Apr 20 2008, 03:58 PM

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if BLR rate is going down..then it will beneficial to all of property buyer...i oso hope that it can break record until go to the lowest then i no need to pay so much interest rate for my future property investment,...but this is controlled by central bank..we cant do anything on it...

i scare that even if the BLR rate is going down, but the discount interest rate that is given by bank is low too, then this may not make any diffrent for buyer oso...currently, the standard interest rate offred by bank normally -1.4% to -1.7%....
goolie
post Jun 21 2008, 09:17 PM

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it's hardly to said that BLR rate can be lower in future cos it is depend on BNM decision...actually if u compare to last time, the BLR rate now is a slightly lower...so it will benefit people who plan to buy house..



 

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