24/05/2023
Higher OPR will translate towards higher interest rate and make borrowing cost expensive for borrowers inclusive of home buyers and businesses.😅
https://www.iproperty.com.my/guides/bnm-increases-opr-how-will-it-affect-your-home-loan-ctr-29559?fbclid=IwAR1HS3KcA9DGP7QaX9NSnOynqyEXhVVEM76FxLH8Phgbo_DyCGjbBxqdOc0
Bank Negara Malaysia (BNM) has increased the Overnight Policy Rate (OPR) by 25 basis points from 2.75% to 3% on 3 May 2023. Let's take a look at how this will affect your home loan.