Home Loan Dilemma: Floating Or Fixed Rate Post RBI’s Rate Hike Pause?
With the Reserve Bank of India deciding to keep the repo rate steady at 6.5 percent, borrowers face a dilemma between fixed and floating-rate home loans.
Jun 14, 2023, 11:54 AM IST
RBI Monetary Policy 2023: Realty Sector Expects Pressure on Sales Volumes in Affordable, Lower Mid-Range Housing Segments
RBI's monetary policy committee voted by 4:2 in the meeting on February 6-8 to hike the repo rate by 25 bps to 6.50% to rein inflation to the target level.
Feb 08, 2023, 14:10 PM IST
Rising interest rates unlikely to severely affect the asset quality of home loans: ICRA
There is limited headroom to increase the tenure as incremental loans in the prime home loan segment already have long tenures and a further extension in loan tenures will lead to overall tenures extending beyond the working life of the borrower.
Nov 08, 2022, 13:24 PM IST
Planning to take a home loan for your dream house? Have a look at THESE tips beforehand to save from any difficulty
Financial Instituions such as Banks offer hoam loans to customers on EMIs. However, customers must know various nuances like tenure, interests, and hidden charges before taking a home loan from any bank.
Oct 12, 2022, 14:16 PM IST
Real estate sector well-placed to absorb RBI's another rate hike, says Anarock
It is widely expected the RBI may hike rates by 50 basis points in the monetary policy review meeting during September 28-30, while Puri argues hike of such magnitude would not seriously hamper homebuyers` sentiments.
Sep 27, 2022, 13:22 PM IST
Is buying a home in India amidst rising prices a right decision?
As the realty sector is highly dependent on bank financing for both builders and customers, it was anticipated that rising rates will impact post-pandemic recovery and slow down sales.
Sep 18, 2022, 11:00 AM IST
Took a home loan from THIS bank? Your EMIs are set to rise from October
Indiabulls Housing Finance is among the leading Non-Banking Finance companies (NBFC) and is regulated by the National Housing Bank (NHB).
Sep 15, 2022, 14:18 PM IST
As repo rate increases, THESE banks hike interest rates, check which lender offers most affordable loans
RBI has increased the repo rates by 50 basis points, or 0.5 per cent, to 4.90 per cent from 4.40 per cent. Following RBI's move, HDFC, ICICI, PNB, Bank of Baroda, and Central Bank of India, among others have increased lending or interest rates on home loans.
Jun 11, 2022, 12:41 PM IST
Home loan borrowers, Alert! HDFC hikes lending rate on housing loans, check by how much EMIs will increase
HDFC Bank has increased Retail Prime Lending Rate (RPLR) on housing loans by 50 basis points or 0.50%.
Jun 10, 2022, 14:06 PM IST
Higher EMIs, bank charges, insurance premiums: 7 BIG changes will impact your monthly budget
From a hike in home loan EMIs to costlier third party motor insurances, a slew of changes coming into effect from today, June 1, could burn a hole in the common man's pockets.
Jun 01, 2022, 15:36 PM IST
HDFC Bank to raise Rs 50,000 crore via bonds; re-appoints Renu Karnad as director
The decision was taken at the meeting of the board of directors.
Apr 16, 2022, 22:29 PM IST
Homebuyers Alert! You could have to pay more interest on home loan EMIs; here’s why
The SBI Ecowrap report expects a 25 basis point (bps) rate hike each in June and August.
Apr 14, 2022, 10:33 AM IST
Housing sales up 71% in 7 major cities in Jan-Mar; highest sales since 2015
In Delhi-NCR, housing sales more than doubled to 18,835 units from 8,790 units, while the MMR saw a 43 per cent rise in sales to 29,130 units from 20,350 units.
Apr 01, 2022, 16:34 PM IST
Bank of India cuts interest rates on home, vehicle loans, check latest rates
Bank of India has announced a cut in its interest rates on home and vehicle loans by 35 basis point.
Oct 17, 2021, 17:54 PM IST
Bank of Baroda slashes interest rate on home loans: Check and compare latest rate with SBI, LIC
Bank of Baroda has again slashed the interest rates applicable on home loans, following LIC HFL, State Bank of India (SBI), Kotak Mahindra, and YES Bank.
Oct 07, 2021, 15:41 PM IST
SBI offers home loan at 6.7%: Check eligibility, documents and more
The SBI offers home loans with terms ranging from three to thirty years.
Sep 26, 2021, 16:26 PM IST
HDFC offers home loans at 6.7% ahead of festive season: Check details here
With this offer, customers can get an HDFC Home Loan starting at 6.70 percent from September 20 onwards.
Sep 21, 2021, 17:45 PM IST
After SBI, Bank of Baroda slashes interest rates on home and car loans, check other festive offers
Borrowers can take home loans from the Bank of Baroda at just 6.75 per cent while car loan rates start at just 7 per cent per annum.
Sep 17, 2021, 11:05 AM IST
