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May
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25% Rise in Home Loan Rates; SBI?s now at 10.25% |
May
16 |
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A large number of home loan customers with floating rates are in for some tough times ahead, with major banks and housing finance companies (HFCs) raising mortgage rates. Over the last two years, interest on home loans has gone up by at least 200 basis points... |
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RBI?s Hike in Home Loan Rates a Shocker |
May
10 |
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The Reserve Bank of India's hawkish half-a-percent hike in policy rates has really shaken up many average individuals. Long used to quarter percent hikes (the banking regulator has hiked rates by 25 bps eight times since March 2010)... |
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Real Estate Sector Worried Over Hike in Home Loan Rates |
May
04 |
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Banking leader State Bank of India dropped ?prepayment charges' on all its loans over the past fortnight. The announcement coincided with the hiking of the bank's base rate and withdrawal of the controversial teaser home loan schemes... |
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SBI Drops Prepayment Charges on Home Loans |
May
02 |
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Banking leader State Bank of India dropped ?prepayment charges' on all its loans over the past fortnight. The announcement coincided with the hiking of the bank's base rate and withdrawal of the controversial teaser home loan schemes... |
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