Tag
house loan rates
A home loan is not just a credit product, it is indeed a financial commitment. Such commitments generally continue for a decade or sometimes more than that. A borrower promises to pay a fixed amount to the lender for coming… Continue Reading →
The need for cash is like that unwelcomed guest who knocks at our doors at any odd time of our lives. When no other funding options make its way to our mind, we crawl through the websites of numerous lenders… Continue Reading →
The home loan borrowers have faced another shock when the RBI hiked its repo rate consecutively second time in last two months. The latest revision on repo rate is announced on 1st August in which an increase of 25 basis… Continue Reading →
Buying a Second Home! Yaay it always sounds too good to be true. It’s never like- you purchase a home and you are bound to stay in the same house for lifetime. There are many reasons because of which people… Continue Reading →
There is a relief for those who have availed Home Loans pre-April 2016 and are still stuck on the old base rate home loans rates and have not been revised by banks with the new market rates. The Reserve Bank… Continue Reading →
Owning a house is everyone’s dream. Owning a house is the biggest thing most of us would achieve in life and hence it brings a sense of achievement and provides a permanent shelter for our loved ones. Owning a house… Continue Reading →
Many dream about having a home, but would drop the plan not because they are worried about the affordability but are worried about arranging the down payment part. As soon as the home loan request is approved by the bank,… Continue Reading →
PMAY or Pradhan Mantri Home Loan Subsidy Scheme is a Credit Linked Incentive Scheme (CLSS) through which home loans are made available at interest rate of 6.5% onwards. This loan can be availed up-to 15 years and should be used… Continue Reading →
SBI has slashed its interest rates by 0.9%, along with few other banks in India. In the past 6 years this has been the cheapest slash on home loans. The country’s largest bank has cut the interest rates on home loan… Continue Reading →