News about LOA

The current non-bank interest rates stand at 12% for mortgage loans and 18% for non-mortgage loans.

Since 2013, banks have somehow been “selling” and “billing” the security documents to lawyers for prices ranging between RM100 and RM600.

Bank Negara Malaysia wants banks to cease charging a fee relating to the provision of housing loan or home financing documentation for financial customers.

Cagamas said given that year-to-date issuances from both domestic and international markets amounted to RM19.

Find out your loan eligibility without the extra hassle  Check your borrowing capacity from 17 different banks, all in a single site Now that you’ve decided on the property to buy, the next step is getting a housing loan.

PETALING JAYA (June 29): Tropicana Corporation Bhd has partnered with Affin Bank Bhd to manage home financing with the Home Step Fast/i campaign -- targeted at first-time homebuyers, young families and property investors.

You’ve done your property window shopping – visiting sales galleries and even walking around some neighbourhoods to get a feel of the surroundings you wish to make your forever home.

So, you are ready to buy a property.

Buying a big-ticket item such as a home or piece of property is always a daunting journey.

KUALA LUMPUR (March 30): Against the backdrop of low interest rates domestically and globally, there have been limited signs of credit-fuelled speculative investments in the housing market, according to Bank Negara Malaysia (BNM).