It is important to do your homework well, before you apply for a home loan. There are many reasons due to which a loan application can be rejected by a bank. Also, you may … READ FULL STORY
When you buy a house through a home loan, lenders take into account your current income and accordingly, sanction the home loan, based on your eligibility at that point of time. With increase in … READ FULL STORY
A Supreme Court bench of chief justice Ranjan Gogoi and justices SK Kaul and KM Joseph, on October 8, 2018, asked the Reserve Bank of India (RBI) to communicate, within six weeks, its decision … READ FULL STORY
The Reserve Bank of India (RBI) opted for a surprising status quo, at the bi-monthly review, on October 5, 2018, on expectations of a softening price rise but changed the policy stance to ‘calibrated … READ FULL STORY
Everyone wants to own a home once in a lifetime. However, choosing an under-construction property to meet your desires is a difficult decision to make. When you buy a home, you should be mindful … READ FULL STORY
Fluctuations in the value of a currency, can affect the real estate market of a country in a variety of ways – from impacting the cost of services and raw materials used like steel … READ FULL STORY
Home loans have become an invaluable tool, for most people looking to buy a home. However, the process can turn into a nightmare, if the borrower commits certain mistakes while applying for the loan. … READ FULL STORY
Ganesh Chaturthi marks the start of the festive period. It is a time, when developers strive to clear their old stock, increase sales and capitalise on the positive sentiment. For home buyers, the festive … READ FULL STORY
SBI, LIC Housing Finance and Muthoot HomeFin, on September 3, 2018, offered loans at concessional rates, for repairing and renovation of homes, to help people in flood-affected Kerala. State Bank of India (SBI) said … READ FULL STORY
The country’s largest lender, State Bank of India (SBI), has increased its marginal cost of funds-based lending rate (MCLR), by 20 basis points across all tenors up to three years, effective September 1, 2018. … READ FULL STORY
While opting for a home loan, lenders will not sanction a loan for the entire cost of the house. Moreover, as per the RBI’s directions, lenders are not allowed to take into account the … READ FULL STORY
With the increasing aspirations of the young generation, along with astronomical prices of houses, most home buyers today, seek to avail of home loans to fund their property purchase. However, there are various factors, … READ FULL STORY
Investing in a property, is one of the most important decisions taken by a family. In the past few years, there has been a paradigm shift, in home buying patterns in India. From viewing, … READ FULL STORY
