News about mortgage

KUALA LUMPUR (April 11): Malayan Banking Bhd (Maybank) is aiming to disburse RM50 billion in mortgages and RM35 billion in loans to small and medium enterprises (SMEs) over the next three years.

KUALA LUMPUR (April 3): The Malaysian mortgage market could benefit from the use of big data for a more comprehensive view of the overall property sector, according to property data firm Urbanmetry Sdn Bhd.

KUALA LUMPUR (March 13): Whether it’s due to an unexpected expense, or any other occurence that may crop up in life that causes financial difficulties, the bank still comes calling for their money, but your pockets are empty, Bank Negara Malaysia provides a resource that can help you.

  KUALA LUMPUR (March 12): Malaysia’s financial sector appears resilient with sound profitability and liquidity indicators, as well as low non-performing loans, said the International Monetary Fund (IMF).

  KUALA LUMPUR (Dec 21): Cagamas Bhd, the National Mortgage Corporation of Malaysia, has issued RM15.

PETALING JAYA (July 1): Hong Kong’s red-hot property market has driven away fears of hongza – “haunted” apartments where tragic deaths took place – as buyers seek cheaper deals amid escalating prices and punishing taxation meant to curb price growth, reported Reuters.

PETALING JAYA (June 19): The National House Buyers Association (HBA) is urging the government to allow the Employees’ Provident Fund (EPF) to extend financing for home purchases – particularly of affordable units – to eligible members, reported Free Malaysia Today.

PETALING JAYA (June 14): The new government’s apparent intention to ease lending rules for home purchases may introduce additional risks to banks, analysts told The Edge weekly.

PETALING JAYA (March 6): CIMB Bank Bhd and CIMB Islamic Bank Bhd has launched the 1-Minute Home Financing — a paperless service that enables approval of mortgages within a minute after submitting all information and relevant documents for a loan application — as part of its InstaApproval platform today.

  PETALING JAYA (Jan 26): The federal government will propose a lower mortgage interest rate to Bank Negara Malaysia despite the central bank raising the overnight policy rate (OPR) by 25 basis points to 3.