Effective today, Maybank Cuts BLR to 6.5%

I checked on my Maybank Home Loan Account this morning, my current BLR rate has been cut down 0.25%. Whoaaaa.....

News: Maybank Group announced a revision to the Bank’s base lending rate (BLR) by 25 basis points from 6.75% to 6.5% effective 1 December 2008 following the downward revision of the Overnight Policy Rate by Bank Negara Malaysia.

The base financing rate (BFR) of Maybank Islamic Berhad is also revised downward by 25 basis points from 6.75% to 6.5% effective 1 December 2008.