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Showing all posts tagged #home-loan-interest-rate:

Availing a Home Loan With Low Interest Rates Is Easy in 2020. Know How!

Posted on July 2nd, 2020

Home loans are gaining grounds in the Indian loan market, considering the recent backdrop of increased demand for real estate properties. While government endeavors like the PMAY scheme aim to offer ‘housing for all’ by 2022, financial institutions als...

Handy Tips to Deal With Increase in Housing Loan Rates Like a Pro

Posted on April 13th, 2020

As a housing loan is mostly provided on floating rates, it can become a substantial burden in case the rates increase. However, borrowers can follow a few tips to reduce their rates and interest. To reduce the impact of rising home loan rate, follow th...

Rate Cut by RBI: Know How Your Home Loan EMI Will Be Affected Now

Posted on December 2nd, 2019

RBI has announced rate cut for the fifth consecutive time since 2017. As a result, the repo rate currently stands at 6% while the reverse repo stabilised at 5.75%. With this rate cut, it is expected that the lending institutions will pass on the benefi...

Impact of Interest Rate on Home Loan

Posted on October 22nd, 2019

With home loans comes the burden of the interest rate. But you cannot change the system. So what you can do is know the impact of the rate of interest and manage your budget accordingly. Few necessary things about home loan rates in India you should...

Importance of Interest Rate and EMIs While Applying a Housing Loan

Posted on September 9th, 2019

Interest rates and EMIs are two crucial factors that a borrower should consider while availing a housing loan. Interest rates can significantly affect the total cost associated with credit, while an EMI amount affects the financial burden on a borrower...

Factors That Affect Your Home Loan Rates

Posted on September 2nd, 2019

Housing loan interest rates that are offered directly determined your home loan EMI amounts based on the credit amount and chosen tenor. Some of the determining factors of home loan interest rates are as follows – MCLR MCLR (Marginal Cost Based Lendin...