Real estate investment is easier than you might think; if you plan properly and get started in a timely manner, that is. It's important to live a life of financial freedom to provide not only for your family but for yourself as well. One of many great ways to achieve this is via real estate…
Check out this article to know more about the updated OPR for 2022!
What is the Overnight Policy Rate (OPR)?
As of May 6th, Bank Negara Malaysia has maintained the overnight policy rate (OPR) at 1.75%. Despite the impact of the COVID-19 pandemic, the central bank said the global economies continued…
Everyone needs to buy things. Sometimes its small things like food, clothes, phones, and groceries; other times its big things like, cars, jewellery, designer fashions, and a house.
When it comes to big investments, the most common way of arranging finances is by taking out a loan from the bank. But before you do that, you…
What does your dream home have to do with a debt-to-service ratio? ith So you finally found your dream home after months of searching all over. Now the only thing left for you to do is to apply for a home loan to finance your costs. Before you do that though, you need to…
Let’s set the situation: you found your dream home, you’ve gotten all your finances in order, and what’s more, your dream house is well within your budget! You fill up the necessary forms, hand them to the bank and then weeks later, you find out that your loan request has been rejected.
When that happens, the…
Housing and Local Government Minister Zuraida Kamaruddin revealed that Bank Negara Malaysia (BNM) is preparing new guidelines meant to ease the housing loan requirements for home buyers.