Page 8 - Home Loan

Risk weights cut on home loans credit negative for banks: Moody's

RBI lowered risk weight for housing loans above Rs 75 lakh to 50% from earlier 75%

Which is the best home loan?

Avoid lenders who insist that you should buy insurance policies only from them

Home loans: Use annual bonus to reduce interest outgo

Avoid pre-payment if you have only a few years left or have a fixed-rate loan

Home loan interest too high for Indian buyers: Study

High housing loan interests and reluctance to borrow are dissuading Indian buyers who have to dig into savings to own a house, a study has revealed. There is significant demand for affordable housing amongst the younger age (25-44 years) in smaller towns than in metros and mini-metros, the study conducted by India Mortgage Guarantee Corporation (IMGC)-Kantar IMRB showed. "Housing sector is poised for a higher growth, especially in affordable housing segment by the Housing-for-all by 2022 Mission and infrastructure status accorded by government, apart from various other measures," Sriram Kalyanraman, MD&CEO, National Housing Bank said at the launch of the report. Around 38 per cent respondents said that interest rates are too high while equal number of respondents cited lack of savings and unwillingness to borrow as constraints to own a house. Higher property rates (32 per cent) and insufficient loan availability (32 per cent) are among other factors deterring home buying ...

Taxpayers shouldn't subsidise lenders

Govt should ensure that banks don't use the new interest subsidy scheme to shore up their profits

How to make a home loan balance transfer work for you

Enjoy a shorter tenure and a positive impact on your credit score

Tipping Point

Reset clause gives banks and HFCs the power to revise even their fixed-rate home loans

Government approves 3% interest subsidy on home loans up to Rs 2 lakh

Interest subsidy would be available to every rural household which is not covered under the PMAY(G)

Banks cut lending rates: Here's why shifting home loans isn't cheap

If gains are spread over four-five years, it really does not make sense to switch

Relief for home loan borrowers: Housing society certificate sufficient for availing tax sop

Income tax tribunal rules that completition certificate from government authority is not must for availing home loan tax exemption

Higher costs, competition to impact home loan companies

Smaller housing finance companies might weather the conditions better than the larger ones, say analysts

HDFC, ICICI Bank cut home loan rate by 0.15%

Competition heats up in the home loan business, with lenders reducing lending rates

SBI cuts home loan rate; ICICI offers home overdraft

SBI home loan would be available at 9.15% while women borrower will get at 9.10%

SBI's new home loans to be cheaper by 10 bps

New Loan pricing regime kicks in from April