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Our home loan EMIs are unaffordable not because interest rates have suddenly gone up (they have, but that’s not the main reason), but because the properties we bought were bought at inflated prices. The question to ask is not why are rates so high, but why are property prices unaffordable? The answers are simple: politicians, […]

ING’s U.S. Insurance division announced today the launch of Life Illustration Express Mobile, an innovative, new tool that agents can use on their tablets and mobile devices. This technology makes it easier for agents to instantly run illustrations and compare premium quotes for multiple term and universal life insurance products simultaneously, thus helping their clients […]

With the steep rise in interest rate and tight liquidity, real estate companies across the country are facing an inventory overhang. Data from the Reserve Bank of India (RBI) sugest that mortgage additions in key metros have been stagnant since 2007 and the proportion of loans taken to the total absorption sugests higher investor participation […]

LIC Housing Finance sanctioned over Rs 100 crore toward home loans during a three-day property exhibition that concluded in the city today, a senior company official said. The company organised the ‘Home for All Expo ’11’, starting November 4, at Pragati Maidan to attract home loan seekers. “We have sanctioned more than Rs 100 crore […]

State Bank of India’s Services nearly 13,500 branches across the country could be affected for two days as its officers have given a strike call on November 8 and 9. The All-India State Bank Officers Federation (AISBOF) has served a notice to observe a two-day countrywide strike on November 8 and 9 in pursuance of […]