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HISTORICAL BLR & AVERAGE LENDING RATES IN MALAYSIA

Source: BNM Website 

Article – Points To Consider When Buying A House To Avoid Future Complications

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Clauses in the loan agreements give the lenders the absolute rights to alter both the Base Lending Rate (BLR) and/or the margin of interests (the minus X%).

One cannot make a special low interest offer in the sales campaign and then contractually (through the loan agreement) creates a clause to allow that special offer interest rate to be invalidated.

Chang Kim Loong, secretary-general of The National House Buyers Association
(The Star Biz, 25 August 2012)



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