Bank Negara Malaysia says it wants to be accommodative to economic growth as one of the reason it maintained the OPR. I think this is a healthy rate. I just hope the Federal Reserve of the US will reduce their rates and continue to do so a few more times until the differential with our OPR is very close. Currently, still some distance away. This news was yesterday:
If interest rates rise, the affordability of property goes down. How big is the impact?
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