Mortgage loan is a life-transforming in terms of financial and social commitments as well as factor that affecting retirement. Here's the most practical mortgage guides (in Malaysia context) for a home loan owner before he/she review or refinance for their home loan.
Latest Update! (17 Jul 2014): Major banks in Malaysia have adjusted their Base Lending Rate (BLR) upwards by at least 0.25%. BLR for most major banks now stands at 6.85%.
Any further changes to the BLR will affect pricing of both existing and new floating interest rate home loans. However, fixed rate home loan packages will remain unaffected.