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CMTan

Property Market Analysis, Economic Updates, Business & Investment Opportunities, Marketing Strategies and Fun

Posts Tagged 'Fears'

House buyers cautious due to fears of income security

PETALING JAYA: Potential house buyers are still wary about making property purchases despite lower mortgage rates as the economic outlook remains uncertain, analysts said. Average mortgage rates have fallen to about 3.5%, but at the same time banks have been more stringent on the approval of loans. The average mortgage rate is obtained from base lending [...]

26 January 2010 at 17:35 - Comments