Impact of rising interest rates on home buyers
Sep 23, 2013
RBI's new home loan norms to benefit consumers?
Sep 9, 2013
Saturday November 30, 2013
An exclusive search is required when it comes to buying of property. This exercise does not hold good only for houses, it is also required for home loans.
Saturday November 9, 2013
The volatility in interest rates in India has affected borrowers of all types of loans. However, home loan borrowers are the most affected, as home loans are by far the biggest loans quantum-wise. Discrepancy in interest rates between existing borrow...
Tuesday November 5, 2013
HDFC Bank has hiked its base rate by 0.20 percent to 10 percent, a move other banks are also likely to follow. The revised rates came into effect from 2nd November 2013.
Wednesday October 30, 2013
Chanda Kochhar, chief executive of India's biggest private lender ICICI Bank said rates have moved in both directions in the current policy, so it will take some time to see how the cost of funds pan out.
Tuesday October 29, 2013
Reserve Bank of India Governor Raghuram Rajan on Tuesday announced a 25 basis points (0.25 per cent) hike in repo rate or the benchmark rate as widely expected.
Tuesday October 22, 2013
At a time when the economic growth in India remains stuck at decade lows, the demand for home loans are growing at a healthy pace, indicating a strong underlying demand for residential property.
Friday October 11, 2013
The bank offers home loans of up to Rs 50 lakh at base rate of 10.25 per cent for all tenors. For loans of above Rs 50 lakh, the interest rate is 10.50 per cent.
Saturday October 12, 2013
Home loans not only help you realize your dreams of buying that house you have always wanted but also help save tax. But sometimes, the procedure of applying and getting a home loan can be complicated and frustrating. To avoid hassles and save cost, ...
Tuesday October 8, 2013
Ruling out any lowering of interest rates on the home loan front, he said "home loans are practically lowest priced, and so there is no scope for reduction there, but we are looking at other products like car loans (where rates may be cut)," he said.
Tuesday October 8, 2013
The two cuts in MSFs are aimed at restoring the primacy of long term rates over short term rates in markets. The cut in MSF also indicates that the RBI is becoming more comfortable about the currency and a bit more concerned about domestic liquidity ...
South | Maya Sharma | Monday October 7, 2013
A statement by Karnataka Congress chief Dr G. Parameshwara that seemed to imply that minorities could be treated more leniently when it came to loan repayment has raised eyebrows. The BJP has said this, like Home Minister Sushil Kumar Shinde's earlie...
Saturday October 5, 2013
Buying a home and moving into it is a dream of many individuals and home loan is a viable option to make this dream come true. However, buying a house by means of home loans means payment of a hefty amount as down payment, as well as monthly outflow ...
Sunday September 29, 2013
"We started home loan business in July 2011 and had a book of Rs 105 crore as of March 2013. This would grow to Rs 200 crore by September and Rs 300 crore by March 2014," Muthoot Housing Finance chief executive Maneesh Srivastava told PTI.
Saturday September 28, 2013
Although we have little control over rising prices, improving our saving habits can help us combat inflation. But, when it comes to savings, we are often riddled by questions like, how much to save or when is the right time to start saving. However, ...
Sunday September 22, 2013
India's deepening economic slowdown, rising cost of living and low wage revisions, coupled with higher interest rates, are forcing salaried professionals who had earlier invested in properties to put them up for sale, according to industry experts.
Agence France-Presse | Sunday September 22, 2013
The home side, who were looking for a third consecutive victory, twice took the lead through striker Loic Remy, who was making his first start at St James' Park since signing on loan from Queens Park Rangers.
Friday September 20, 2013
The repo rate is the rate at which RBI lends short-term money to banks, and it directly influences the interest rate banks charge consumers.
Friday September 20, 2013
Reserve Bank of India governor Raghuram Rajan has asked speculators not to immediately link a repo rate cut with negative growth, stressing that lending norms have in fact been made easy for banks with the MSF being reduced. The governor also said th...
Thursday September 19, 2013
A revision in the base rate directly impacts the interest rate of home, auto and personal loans. The bank did not announce any change in the interest rate of personal loans.
Sunday September 15, 2013
India Infoline Finance Ltd (IIFL), an NBFC subsidiary of India Infoline Ltd, plans to increase its presence in promising retail business segments like home loan, loan against property, loan against securities and gold loan by utilising extensive bran...