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Do local banks really have lower cost of lending and therefore will not raise home loan lending rates for variable rate loans as easily as other foreign banks?

April 26, 2017Banks COST home loan lending local lower raise rate rates

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Do local banks really have lower cost of lending and therefore will not raise home loan lending rates for variable rate loans as easily as other foreign banks?

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First and foremost, banks will not tell you how much funding and what is their cost of funds as it is somewhat secret.