‘Limited relief’: Bank Negara Malaysia has cut the Overnight Policy Rate (OPR), a move that has been welcomed by financial institutions but met with hesitation by borrowers. — RAJA FAISAL HISHAN/The Star
PETALING JAYA: Homeowners are welcoming the Overnight Policy Rate (OPR) cut and the reduced interest it would bring to their housing loans, but they believe that it would only serve as a limited relief to the rising cost of living.
Many say they will continue to practise caution and financial discipline.
