New home buyers are often in a dilemma, over whether they should apply for a loan from a housing finance company (HFC) or a bank. The recent liquidity crisis being faced by non-banking finance … READ FULL STORY
๏ปฟ The Coronavirus pandemic and the series of lockdowns to contain its spread, have thrown the dreams of many home buyers into disarray. The government and the Reserve Bank of India (RBI) have announced … READ FULL STORY
A pre-approved loan is an instrument that is used by banks, to attract customers to avail of its facility without much hassle. Generally, there is a fair amount of uncertainty for home buyers, till … READ FULL STORY
Buying a house involves significant financial expenditure. Consequently, a little planning and effort can help you to save lots of money, when you buy a home in 2020. ย Home loan tax savings in … READ FULL STORY
Home owners often find it difficult, to figure out the right balance between their propertyโs price and its rental potential. โPeople often invest in properties, for the regular rental income that they can derive … READ FULL STORY
The rental housing market has many options, available at various rates. Consequently, it may be difficult for a prospective tenant to figure out how much to spend as rent. The answer to this, depends … READ FULL STORY
Loan-to-value (LTV) is a ratio of the amount of loan that can be given to the total value of the property. The LTV can range from 75 per cent to even 90 per cent … READ FULL STORY
The RBI had, in June 2019, reduced the key policy rate, making it the third time in a row that it did so, in the calendar year 2019. Till June 30, 2019, the repo … READ FULL STORY
When it comes to taking a home loan, borrowers have to consider numerous options โ different interest rates offered by various banks (which may be fixed rate, floating rate, or semi-fixed rate), in addition … READ FULL STORY
While the ratio of working males in India is higher in comparison to women, yet, a recent report (Bankbazaar-Moneymood 2019) indicates that when it comes to taking a home loan, women borrowers have outpaced … READ FULL STORY
In India, most home owners do not bother to insure their homes, even though it is often the biggest asset that one can own. Neeraj Prakash, managing director of Shriram General Insurance Co Ltd, … READ FULL STORY
Earlier, whatever interest that a borrower paid against a housing loan, was allowed to be completely adjusted from the income, as a deduction. Now, this deduction has been capped to Rs 2 lakhs and … READ FULL STORY
The year 2017 has begun on a good note for home loan borrowers, with significant cuts in interest rates being announced by most banks. Experts point out that the reduction in the interest rates, … READ FULL STORY
