Will MAS review CM soon?
Since the recent CM on TDSR, Moody has downgraded our local banks highlighting their exposure to mortgage loan toand possible interest hike.
Since a stable banking system is extremely vital this country's reputation and financial hub, I am just wondering in the event when interest actually rises, will MAS actually remove some of the earlier CMs to ensure a soft landing in property price instead of crash.
I am guessing MAS could possible allow buyer to stretch their loan beyond 65 years of age to ease the monthly installment when interest rate rises.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."