Now, state-run banks will charge 9.25% or less interest rate for the first five years on home loans up to Rs 30 lakh, in a bid to revive housing demand Read More....
Axis Bank, the country’s third-largest private sector lender, and Bank of Rajasthan, an old-generation lender,annouces reductions in lending rates.
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Home loan borrowers are increasingly shifting loans from private sector mortgage lenders to public sector banks (PSBs) to take advantage of the wide difference between the interest rates for existing borrowers of private lenders and new borrowers of PSBs,said executives of two public sector banks. Read More....
Nishant Avasthy, a software professional employed with a firm handling US-based projects, decided to apply for a home loan of Rs 30 lakh after booking a residential property. Read More....
Planning to buy that long cherished dream home?? Well congratulations, in today’s day and age, just talking about buying a home can be a great source of excitement for a first-time homeowner. Read More....
It is true that many of the existing borrowers who availed the home loans during low interest regime and who are facing the brunt of higher equated monthly installments (EMIs), Read More....
A day after Finance Minister P Chidambaram pitched for lower interest rates on home loans up to Rs 20 lakhs, private sector housing lender HDFC on Friday said it was not possible for now to further slash lending rates. Read More....
Home loan consumers in India may get some good news in the months to come with country's biggest private lender ICICI Bank saying it could cut interest rates in the first quarter of next fiscal. Read More....
The country largest lender, State Bank of India, on Wednesday reduced interest rates on home and other retail loans by 0.5-1 per cent for different maturities as part of its festival offer. Read More....
Bankers have put down the recent drop in housing loan off-take to the unprecedented rise in property prices and not the recent rise in interest rates. Read More....
he Centre is about to finalise a scheme aimed at making housing more affordable for the poor in urban areas, by providing them with home loans at subsidised interest rates. Read More....
The paradigm of home loan marketing is set for a change. The practice of using ordinary direct selling agents (DSAs) by home loan financiers will soon be history Read More....
Home loan interest rates have inched up in the last few months. This in turn, has affected the loan eligibility for home loan borrowers.Loan eligibility is inversely related to rates. Read More....
If you thought the loan documents were just a formality, think again. It is a contract skewed towards the lenders through various clauses buried in the fine print. We help you dig them out Read More....
