Tag lowest home loan rates

Benefits of Adding Spouse as a Co-owner When Buying a House

Buying a home is a common decision of a family. All most all home buyers take the home buying decision only when both the spouses are ready for the same.  In countries like India, homes have much emotional value along… Continue Reading →

Home Loan to Get Cheaper for the Borrowers Still on Base Rate

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 →

Renting vs Buying a Home: Which is Better?

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 →

Saving for Home Loan Down-payment

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 →

All about Pradhan Mantri Awas Yojana – A Home Loan Subsidy Scheme from GoI

PMAY: Pradhan Mantri Awas Yojana 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… Continue Reading →

Home Loans Cheapest in 6 years – SBI cuts lending rate by 0.90%

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 →

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