Home loans

Home loans News

Home, vehicle loans to become cheaper, says Nirmala Sitharaman

While addressing a press conference, Sitharaman attempted to allay concerns on the state of the economy. She said that banks will pass on RBI rate cut benefits to borrowers through MCLR reduction. 

How RBI raising rates affects your home loans, fixed deposits and what you should do

For the common man, a repo rate hike means bank deposits will earn a marginally higher interest while the interest rate on loans will also rise.

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Fixed interests may be a better bet for homebuyers in the coming months

Experts say borrowers may go for a scheme where rates are fixed for a certain period and floating thereafter.

Housing loan: Lenders at home in bad credit market

Home loan outstandings jump 18.8% to Rs 7,46,800 crore; retail loans are the flavour of the season.

Housing loans: Room for rate cuts, but banks may pass benefits gradually

A banking analyst with a leading brokerage firm said that banks are holding it in order to maintain their net interest income and the net interest margin.

Trend reversal: Housing loan disbursement by state-owned banks slows down

According to the bank-wise housing loan disbursement data for public sector banks, the home loan disbursement in the first six months of FY16 is less than half of what was disbursed in the full year in FY15.

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RBI Deputy Governor R Gandhi asks bankers to be innovative on home loans

There is a need with respect to financial innovation, with respect to loan products: R Gandhi

Affordable housing starts with faster approvals

The government’s vision of ‘housing for all’ can be realised if policies ensure supply of homes at affordable price points and states enabling a mechanism of single-window clearances.

Needed: A benchmark for floating rates

The NHB is set to begin work towards evolving an index that can be used as a benchmark to determine floating interest rates for home loans.

Banks seek refuge in home loans, crowd onto HDFC’s mortgage turf

Bank of India and ICICI Bank are swarming the market with discounts and special offers, willing to even live with narrower margins.

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