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In our life we borrow loans lot many times – smaller consumer loans, personal loans, car loan and a home loan. Yes, mostly we all borrow a home loan to fulfill the dream of owning a home for us, for our next generation. We want our family to safe and secure for their whole life …
Recently while flipping the pages of my newspaper I saw an article related to financial industry that deals with lending rates. That article was to lighten up our minds with the current changes going on. Many of us don’t know what a little increase in interest rates will bring an impact on our current home …
A major number of home buyers opt to borrow a home loan to fulfill the dream for owning a house. However the question arises, when the buyer has enough funds to pay for the house in full? Does he still need a home loan? It is quite a topic of debate among property experts. When …
We always see so many advertisements in print media or electronic media everyday that shows that the home loans are now available at very lower interest rates of 8.5% per annum. No doubt, these interest rates are among the lowest in history and this is definitely a good time to invest in a property of …
We all work to provide the basic necessities to our family. Be it a poor laborer or a successful businessman or a trader. An asset that gives a sense of security to every family member is a house. Owning a home, be it small or big, is an achievement for the head of the family. …
Buying a new home is one of the most momentous milestones of our life. Apart from serving as a security, a home is considered to be an invaluable asset in terms of overall value of the property. Therefore, buying a new home can be financially taxing and real estate prices rarely come down to fit …
Home loan is a financial instrument especially designed to fulfill the necessity to own a property when the borrower is unable to pay the entire cost of the property at once. The Bank/ NBFC’s provide up to 80% of the buying cost of the property and receive EMI payments over the loan tenure to recover …
There is a surety of availing lots of benefits due to cut down in interest rates of home loan as well as by the RBI. The lower interest rates of home loan benefits and encourages the customers of lower, middle and upper-middle segment to invest and buy a home. It is always better to pay EMIs and …