Finally, home loan rates have eased a bit -albeit by 0.25% on the back of a similar reduction in the policy rates by the Reserve Bank of India. However, home loan borrowers are rejoicing at the small reduction in rates, as it has come at a time when th…
Archive for the ‘Home Loans’ Category
Don’t opt for a lower EMI, shorten loan tenure instead
Posted by propertyagentsindia on May 5th, 2012
Don’t opt for a lower EMI, shorten loan tenure instead
Posted by propertyagentsindia on May 5th, 2012
Finally, home loan rates have eased a bit -albeit by 0.25% on the back of a similar reduction in the policy rates by the Reserve Bank of India. However, home loan borrowers are rejoicing at the small reduction in rates, as it has come at a time when th…
RBI ups housing loan limit to Rs 10 lakh for weaker section
Posted by propertyagentsindia on April 29th, 2012
MUMBAI: In bid to promote housing for low income groups in major cities, Reserve Bank today doubled the limit for home loans to Rs 10 lakh for consideration under priority sector lending. “It has been decided to increase the limit from Rs 5 lakh …
Top-up loans are cheaper options to personal loans
Posted by propertyagentsindia on April 29th, 2012
A top-up loan is an additional loan, which your bank offers to you against your house If you need funds for purposes such as furnishing your house, buying consumer durables and your children’s education or marriage, the obvious thing that comes to yo…
Points to keep in mind when taking home loan
Posted by propertyagentsindia on April 27th, 2012
Thanks to the RBI’s downward revision of policy rates by 50 basis points and nudge from the government, several banks have reduced their lending rates. Consequently, home loans have become cheaper, which may prompt home-seekers to start looking f…
Posted in Home Loans 
Tags: http://economictimes.indiatimes.com/personal-finance/loan-centre/home-loans/analysis/points-to-keep-in-mind-when-taking-home-loan/articleshow/12898146.cms, http://timesofindia.indiatimes.com/city/delhi/Street-parking-fee-issue-Environmentalists-happy-rest-see-red/articleshow/12887771.cms, real estate news. property news 
No Comments »Prepayment is best way to get out of home loan
Posted by propertyagentsindia on April 21st, 2012
RBI has banned banks from levying penalty on home loans In its Monetary Policy 2012-13 this week, the Reserve Bank of India (RBI) has banned banks from levying a prepayment penalty on home loans taken on a floating interest rate. Although last year, se…
SBI plans ‘deep lending cuts’, others snip
Posted by propertyagentsindia on April 21st, 2012
April 20, 2012 State Bank of India (SBI), the country’s largest lender, on Thursday said it is cutting interest rates substantially to benefit lenders. Deep cut in lending rates made. SME, corporate and car loans benefit, DNA reported, citing SBI cha…
Will the rate cut actually revive growth?
Posted by propertyagentsindia on April 18th, 2012
Industry experts said that the RBI’s rate cut move will boost investments at a time when the sheen is rapidly coming off India’s growth story. The RBI, while acknowledging that India’s growth rate has slowed down considerably, however said th…
Cut in lending rate unlikely as cost of funds still high
Posted by propertyagentsindia on April 17th, 2012
Borrowers may have to wait a bit longer before their monthly instalments or EMIs get trimmed as lending rates on home loan may not be reduced in the near future. Even though bankers are expecting a rate cut from the Reserve Bank of India (RBI) in the a…
Relief for home buyers as banks plan mortgage cuts
Posted by propertyagentsindia on April 4th, 2012
Real estate developers rallied today as some banks have cut home loan rates for new borrowers, sparking hope of increased property sales in the country. DLF Ltd and Unitech rose about 1 percent each after lenders like Canara Bank and IDBI Bank slashed …
BlogCatalog Blog Directory
BlogListing.net