On a positive note
The surprise 25 basis points rate cut by the RBI on Thursday may be a mood lifter for the beleaguered real estate sector hoping for a revival. But the deeply embedded and complex problems plaguing the industry Read more..
Deal4loans has helped over 49 lakh customers get best deals for their loans
For any need that we have, internet has become the first go-to destination. The availability of information at the fingertips is no doubt a boon. Read more..
Cut in interest rates: Will home loan becomes cheaper?
Most banks have reduced their lending rates by 0.25% and the new rate for most banks is at 9.9% Read more..
Rate cuts by key banks to improve consumer demand
While unchanged interest rate announcement by Reserve Bank of India (RBI) last week had dampened the market sentiments, the recent move by big lending players to slash rates has prompted consumer demand to become buoyant once again. Most banks have reduced rates by 0.25 per cent and the new rate is now 9.9 per cent. The latest bank to join the bandwagon is ICICI Bank, followed by State Bank of India (SBI), HDFC and Axis Bank.Read more..
Six ways to increase your home loan chances in 2015
Interest rates for home loans continue to be high, the economy, although resilient can still reel under a global crisis and as bad debts rise, banks are increasingly wary about lending to anyone with even a modicum of risk involved. As tightened criteria for borrowing money to buy your dream house stares at your face, it may not be as bad as it looks.Read more..
How Subvention Schemes work: Advantages and Disadvantages
Subvention schemes are gaining a lot of popularity of late and it is the new buzzword among prospective home buyers. However, the know how about subvention scheme is still not as clear to buyers. Subvention scheme is a new form of bank financing for home loans.Read more..