What is repo rate? How does it impact your home loan EMIs?
April 5, 2024: The Reserve Bank of India (RBI) on April 5, 2024, left the repo rate unchanged at 6.50%. This is the 7th time in a row the banking regular has maintained a … READ FULL STORY
April 5, 2024: The Reserve Bank of India (RBI) on April 5, 2024, left the repo rate unchanged at 6.50%. This is the 7th time in a row the banking regular has maintained a … READ FULL STORY
Home loans are a convenient way to help you buy your dream home, however one should repay the amount as soon as possible. Such loans impact your savings and lifestyle, so it is advisable … READ FULL STORY
Setting a budget and arranging funds are two of the most important steps in property buying. While the first one depends on you as to what extent you can stretch, arranging funds to buy … READ FULL STORY
July 3,2023: The share of residential housing loans in total advances has increased over the last 11 years to 14.2% in March 2023 from 8.6% in March 2012, according to the latest Financial Stability … READ FULL STORY
Home loans are secured loans obtained to purchase real estate by pledging the property as collateral. With home loans, you can secure high-value funding at an affordable interest rate and for a long period … READ FULL STORY
Owning a home is a dream for every individual. Depending on the financial status, every family decides upon purchasing a house at some stage of their life. Some people happen to purchase a house … READ FULL STORY
State government employees in Assam can avail government subsidy for home purchase under the state’s Apun Ghar scheme. Also known as the Aponar Apon Ghar scheme, the programme will help home buyers purchase affordable … READ FULL STORY
The festive season in 2021 has provided a boost to the realty sector, with reports of a significant surge in demand during the period. One of reasons, has been the reduction in interest rates … READ FULL STORY
In an indication that activity in India’s real estate sector may see some revival in the times to come, the inquiry volumes for home loans in the country during July-August 2020 were back to … READ FULL STORY
Every home loan borrower has to repay his housing loan over a pre-fixed tenure. However, most borrowers might not be aware of the various options that banks offer with respect to the loan repayment. … 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
If there is a failure in the home loan EMI payment, the bank may send you a legal notice and consider you as a loan defaulter. Recently, the government of India strengthened the laws … READ FULL STORY
The National Housing Bank (NHB) has directed housing finance companies to desist from extending loans under the subvention scheme. This move by the NHB, is expected to squeeze the liquidity position of real estate … READ FULL STORY