Not all borrowers prefer floating interest rate home loans. This is because rates continue to change throughout the course of the loan tenure. Even though there is scope for the EMI outgo to reduce, … READ FULL STORY
As stock markets around the world take a beating, owing to the Coronavirus pandemic, investors’ opinion is seen tilting in favour of immovable assets. According to the findings of a joint survey by Housing.com … READ FULL STORY
There is no restriction on the number of properties you can own. Similarly, there is no restriction on the number of houses for which you can take home loans and claim tax benefits, either … READ FULL STORY
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
Thanks to the growth of housing finance in India, you do not have to wait till you have accumulated enough money, to buy a house. You can pay a certain percentage of the property’s … READ FULL STORY
Banks view joint home loan applications favourably and there is a reason for that. Even though housing loans are secured loans, the fact that two people are legally obliged to service the loan, is … READ FULL STORY
The benefits of a joint home loan are many. It provides borrowers with an opportunity to combine their respective credit taking capabilities and afford a home that might not have been possible, if only … READ FULL STORY
A home loan is a financial tool that allows individuals to purchase a house by borrowing from a bank or financial institution, making homeownership more accessible. It enables buyers to spread the cost of … 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
Home buying is no longer considered a male-driven affair, with women now showing equal participation in financial matters, including investment allocation. “They are active decision-makers in the property buying process and often take on … READ FULL STORY
Women have mastered the art and science of making a home out of a house or an apartment. It is something that comes naturally to them. What is interesting though, is that women have … READ FULL STORY
A borrower can shift the home loan to any other lender, who is willing to offer better interest rates. At times, a home loan applicant may also want to increase the loan’s tenure, due … READ FULL STORY
It is a big financial decision to buy your first home. A hasty decision can easily ruin all your financial goals in life. So, it is always wise to take a planned step and … READ FULL STORY
