Extend home loan tenor upto 30 years – SBI, Central Bank, Syndicate, Canara bank

After goading by the Government and fearing risks to asset quality, a number of state-run banks, led by SBI, Central Bank, Syndicate and Canara, have decided to raise home loan tenors to 25 to 30 years or till the borrower touches 70, well past the working age. State Bank of India took the lead and […]

Short Sale Solutions in the Greater Detroit Area. Macomb, Oakland and Wayne County

(1888PressRelease) Before pushing your agent to slide that short sale listing into MLS, it’s a good idea to stop and think about the first step in a short sale. Sellers get overly anxious. And it’s no wonder. Many of them have been trying in vain to do a loan modification or work out some other […]

Bill Hionas says All Eyes are on the European Situation at Present

(1888PressRelease) Investors may be waiting for a resolution to the European situation. MIAMI, FL – As far as the gold bullion market is concerned, all focus is on the ongoing European crisis. Many investors seem to be sitting on the sidelines, waiting to see how this scenario will play out and which way gold will […]

SBI Home Loan Now Available In 30 Years Tenure Schemes

There is some good news for home loan borrowers, with the State Bank of India increasing loan tenures by 10 more years. Other banks are expected to follow suit. Banks normally keep the equated monthly instalment on home loans intact and extend tenure to pass on the rate increase. SBI has allowed stretching the loan […]

Looking For Home Loan – Don’t Ignore these Sections

Loan schemes vary from bank to bank, but the underlying concept in all these fixed and dual rate loan products is to cap the upside of rising interest rates, which has caught the borrower’s attention. “Some borrowers are comfortable with the concept of having a fixed commitment on their home loans. In fact, we have […]