KUALA LUMPUR: Bank Negara Malaysia (BNM) says the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age.
It said on Tuesday if the housing loan is offered when the borrower is 25 years old, a financing tenure of 35 years would extend to the retirement age of 60 years old.
To read the full article, please visit Bank Negara: 35 Years Housing Loan Tenure Sufficient
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