Homebuyers Benefit from Rate Cut
Homeowners can now access better home loan deals thanks to the low-rate environment the Bank Negara Malaysia has created. Cheaper funding has helped banks cut the interest rates charged to consumers. Bank Negara Malaysia (BNM) lowered the overnight policy rate (OPR), by 50 basis points, to 2% on May 5, 2020. This is the OPR’s lowest point…

