ArticleField.comInternet's Fastest Growing Free Content Article DirectoryCar sales in India fell 23.8% in October, the biggest monthly percentage decline since December 2000, an industry body said on Wednesday, as high interest rates and vehicle costs drove down sales for a fourth consecutive month. Rising finance costs and increasing prices have deterred buyers in Asia’s third-largest economy, hurting carmakers that only months […]
NHB’s conclusion offers a measure of relief to Housing Development Finance Corp. Ltd (HDFC) and other HFCs that can now get away with the standard provisioning equivalent to 0.4% of the loan value to cover the risk of a default, rather than the 2% they would have needed to set aside for teaser loans. Increased […]
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, […]
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 […]
Many people are in such an emergency that they could not even wait for some days to get a loan accepted in their name. These people want a quick cash help. These people are facing credit crises in their life. To help such people, some fast and immediate loans have been planned. These loans are […]
