ArticleField.comInternet's Fastest Growing Free Content Article DirectoryIndian equities pared all its initial gains to trade on a flat note after RBI announced rate hike. It has raised the short-term lending and borrowing rates by 25 basis points to tame high inflation, a move that would make home, personal and corporate loans costlier. The hike was in line with market expectations. This […]
It may be a case of too little too late. The government is affecting to provide some relief to small home loan borrowers by providing a 1% interest subsidy for loans upto Rs 15 lac, provided the cost of the property does not exceed Rs 25 lac. The proposal, which is expected to be approved […]
With inflation remaining high, the Reserve Bank on Monday indicated that it may go for another round of interest rate hike tomorrow even though the step may impact the economic growth. The expected rate increase by RBI would be its 13th since March 2010 and will make home and car loan costlier. “Inflation risk persists. […]
As with a child, acquiring a house is the first step to a lifetime of responsibility. A house demands frequent maintenance, from painting it and replacing broken fixtures to remodelling a room and restoring the tiling. You can probably finance most of these needs yourself, but if a major overhaul becomes necessary, you may require […]
For those millions of home loan borrowers who were sulking at their decision to go for floating rate of interest, and who found their own interest rates being regularly reset even as new borrowers were being assiduously besought with lower rates, the order from the National Housing Bank that regulates Housing Finance Companies (HFCs) on […]
