Home loans are available at extremely low rates starting at 6.5%. If you are a first-time buyer, now is a good time to avail and take advantage of the lower interest rates prevailing for home loans. The home loan is a long-term loan that usually lasts 15 to 20 years. If you don’t do enough […]
Bajaj Housing Finance Limited, a wholly owned subsidiary of Bajaj Finance Limited, announces an extension of its festive offer. The lender’s festive home loan interest rate, starting at 6.65% per annum, is now valid for eligible applicants who apply through the official website until February 28, 2022. In an industry-first initiative, the HFC is also […]
New Delhi: Bajaj Housing Finance Limited, a 100% subsidiary of Bajaj Finance Limited, announces an extension of its festive offer. The lender’s festive home loan interest rate, starting at 6.65%* per annum, is now valid for eligible applicants who apply through the official website until February 28, 2022. In an industry-first initiative, the HFC is […]
The Covid-19 pandemic may have caused an economic downturn in Cambodia, but in real terms mortgage applications are on the rise. According to an annual report by the National Bank of Cambodia, home purchase credit in the country grew by 37% in 2021, illustrating a sign of growing demand for home ownership among Cambodians. In […]
Union Budget 2022-23: Among the direct benefits, the 2022 budget could bring potential relief to direct home buyers with an increased limit of interest deduction on home loans for tax refund from Rs 2 lakh to Rs 5 lakh Indian Union Budget 2022: Interest reduction on home loans could give PMAY a boost. Reuters With […]
Home loan rates rise as lenders’ borrowing costs rise. Every month, at Finder, we analyze all the loans in the database (thousands of them) and find the lowest rates on the market. And every month since June 2019, the lowest mortgage rates in the market have fallen or stayed the same. Until this year. In […]
Bajaj Housing Finance Limited, a wholly owned subsidiary of Bajaj Finance Limited, has announced a festive new offer, with home loans now starting at 6.65%. To qualify for the offer, applicants must meet the criteria below: 1. Must be either a salaried employee, physician or CA Salaried candidates must be employed in a public or […]
Planning oi-Roshni Agarwal | Updated: Friday, December 17, 2021, 9:23 PM [IST] Now is the perfect time to buy your dream home, given historically low interest rates, host of government incentives such as the PMAY Affordable Housing Grant, which offers bonus interest rate between 3 and 6.5%. Here to mention that although the subsidy granted […]
Classroom oi-Kuntala Sarkar | Posted: Friday December 10th 2021, 06:38 PM [IST] Student loan is currently essential for parents and ambitious students who wish to opt for higher education in the best colleges/universities in India or who wish to go abroad. Tuition increases every year as tuition increases. However, a college loan should not prevent […]
The real estate sector received nothing significant in the recent RBI MPC, but real estate agents are reassured by the RBI’s decision to maintain the status quo in the repo rate. According to the realtors, “The apex bank is clearly confident about economic growth in the recent MPC. As the economy recovers from the pandemic, […]
Home Loan Interest Rates (Banks vs. HFCs/NBFCs): Home loans are provided to customers by banks and some non-bank finance companies (NBFCs) registered as housing finance companies (HFCs). Home loans are provided to customers by nationalized banks and some non-bank finance companies (NBFCs) registered as housing finance companies (HFCs). All these institutions are regulated by the […]
Canara Bank announced on Saturday that it had a limited-time offer in which interest rates on home loans would start at 6.65% per annum. “This offer is applicable to all clients, regardless of loan amount. In addition to the attractive interest rate and fast, hassle-free sanction, the Bank has waived processing and documentation fees. a […]
Kotak Mahindra Bank has announced a new interest rate on home loans of 6.55%. This new interest rate will be valid from November 9 to December 10, the lender said in a statement on Monday. In September, as part of its holiday offers, Kotak Mahindra Bank announced home loan rates starting at 6.50%. This festive […]
The chances of a further reduction in rates are very low. However, home borrowers should not ignore the possibility of rates rising from current levels. Since rate transmission is now smooth, any rate increase by RBI will be immediately reflected in their home loan rate. Any increase in home loan rates will increase the EMI […]
New Delhi: As part of the Diwali offer, the Union Bank of India has cut interest rates on home loans to an all-time low of 6.40%. Buyers who are considering buying a new home can take advantage of the offer. The reduced interest rates for home loans offered by Union Bank are applicable from Wednesday […]
Borrowers are ready for an interest rate shake-up today, with two banks moving to drastically cut variable rates on home loans for new customers while raising some fixed rates. One of Australia’s largest banks and ING are changing mortgage rates. Image: Vitalii Tairov. Commonwealth Bank Home Loan Changes For the first time since September 2020, […]
New Delhi: State Bank of India (SBI) is offering special offers on car loans, personal loans and gold loans on the auspicious occasion of Dussehra 2021. “Let us celebrate this victorious day of Dussehra with special offers on car loans , gold loans and personal loans by SBI. On this day of victory, usher in […]
NBFC Bajaj Finserv Limited today (Tuesday) announced an interest rate reduction for its home loans. The interest rate for salaried and professional applicants now starts from 6.70% per annum NBFC Bajaj Finserv Limited today (Tuesday) announced an interest rate reduction for its home loans. The interest rate for salaried and professional applicants now starts from […]
Shikha, 40, mother of two, is an IT professional. She has lived with her parents since her husband died five years ago. She feels that the time has come to buy her own house. She has approached lenders for a home loan and has to choose between a fixed rate loan and a variable rate […]
Make your home loan application a smoother experience. Here are all the documents you need when applying for a mortgage This article was produced in partnership with Westpac Applying for a home loan is an exciting time, but the process can be overwhelming for some people. The good news? The better prepared you are, the […]
Points to follow while using instant online loans In today’s era of digitalization, instant loan disbursements have become the new norm. Fintech brands have seen significant growth over the past few years, especially during the pandemic when people have adapted to digital monetary transactions faster than ever. Also, more and more people have trained and […]
NEW DELHI : Kotak Mahindra Bank Ltd (KMBL) kicked off the festive season on Thursday by announcing that it had further cut interest rates on home loans by another 15 basis points (bps), from 6.65% to 6 .50% per year (pa). This special rate is valid for a limited period beginning September 10 and ending […]
Lenders consider a range of parameters when setting loan rates for home loans. So, understanding these factors can enable you to get a suitable home loan with the lowest interest cost. Since lenders consider a range of parameters when setting loan rates for home loans, understanding these factors can help you secure a suitable home […]
With lower interest rates and motivated sellers, home ownership has never been more accessible. However, very few of us are able to finance the purchase without the help of a home loan. And while Ooba Home Loans reports that 80.7% of its applicants successfully secured home loan financing in the first quarter of 2021, 15% […]
Contact your existing lender and ask for a rate concession. If the application is not accepted, find another lender By Raj Khosla As the second wave of pandemic hits India, it’s time to review and rebalance your personal finance portfolio. Although different people have differing priorities, saving an extra dollar for emergencies is a wise […]
NNA | Update: March 25, 2021 10:51 a.m. STI Gurgaon (Haryana) [India], March 25 (ANI/BusinessWire India): Everyone has seen the end-of-season discount banners “Up to 50% off” displayed outside shopping malls. When someone walks in, they realize that most items are discounted, but not as high as advertised. Invariably, those they actually like get little […]