A large number of home loan customers with floating rates are in for some tough times ahead, with major banks and housing finance companies (HFCs) raising mortgage rates. Over the last two …

Property prices are likely to come down in 2011 making it more affordable to own a house, as rising cost of home loans will temper demand and check the sharp bounce back of …

Hyderabad
Home loan is a good debt. But delay in getting the loan could prove costly. The crucial phase in buying a home is the stage where you have already made your contribution for the purchase …

Home loan borrowers and prospective car buyers can heave a sigh of relief. A quarter percentage point hike in signal rates by the Reserve Bank of India (RBI) on Tuesday is not big enough for …

State Bank of India (SBI), the largest bank in India and one of the leading players in the housing finance market, has raised interest rates on home loans. Although the bank will continue with its …

Season for teaser loans does not seem to have vanished at least for SBI. The bank is expected to continue with its 8% happy loan scheme even after 31st March 2010 till July. A formal …

The honeymoon for home and auto buyers is over. With the Reserve Bank of India (RBI) raising repo and reverse repo rates by 25 basis points last week, most expect that interest rates will now …

The Tamil Nadu chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) on Thursday announced an interest subvention scheme for those purchasing properties from its 45 members. Addressing a media conference on …

The increase in the cash reserve ratio (CRR) has started taking a toll on interest rates, with Axis Bank withdrawing its teaser home loan scheme two months before schedule. India’s third-largest private bank had launched …

The latest ‘teaser’ from the Reserve Bank of India hasn’t amused Om Prakash Bhatt, chairman of State Bank of India, the bank that pioneered limited-period soft terms for home loans. “I don’t know what the …