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| HOME LOAN AND INSURANCE
NEWS |
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December
2007 |
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Getting
the home loan is no easier |
Dec,
2006 |
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Getting
a home loan in India can seem a little complex
from now onwards. Reserve bank of India has released
strict directives for all the banks to check whether
a housing loan is being sought for an authorized
structure. |
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HDFC
cuts rates by 50 bps |
Dec,
2006 |
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HDFC
has reduced home loan rates by 50 basis points
(bps) during this festival season. The company
is offering discount till the end of this month
on a floating interest rate loans. However, the
new will be useful to only those borrowers who
are availing of disbursement in October. |
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Some
great housing stocks to look at |
Dec,
2007 |
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Housing
and housing finance have been in the news lately.
With prices rising around 50 per cent across the
country in the past year, home buyers are confused
on the future direction of prices, and more importantly,
how they will finance the purchase. |
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Take
undertaking before giving home loan: RBI |
Dec,
2007 |
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The
Reserve Bank of India (RBI) following a Delhi
High Court order, on Friday issued directives
to banks to follow certain additional procedures
while sanctioning housing loans. The Monitoring
Committee constituted by the Delhi High Court
had issued these directives. |
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