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THE AVERAGE value of property purchase loans
ticked up last month.
Even with rising mortgage rates, purchase loans
still accounted for 88 percent of closed loans to Millennial borrowers in October, four percentage points higher than a year ago.
August's best offers for borrowers with the best profiles (the 95th percentile of borrowers) had an average APR of 4.32% for conforming 30-year fixed purchase loans
, up from 4.31% in July.
Veterans United Home Loans reported purchase loans
in the state were up 80 percent in 2018 as compared to five years earlier.
As stated there, the Government plans to subsidize rates of remuneration of agricultural equipment rental purchase loans
, the press release runs.
Yesterday, the Malaysian Automotive Association (MAA) issued a statement claiming local carmakers Perusahaan Otomobil Kedua Sdn Bhd (Perodua) and Proton Holdings Bhd, would be hit the most by the continued enforcement of strict lending guidelines including for hire purchase loans
Bhutta and Ringo focus mainly on the increase in the number of home purchase loans
induced by the premium cut.