A cut in lending rate is a signaling mechanism to the economy that the interest rates are going to go down. And it may be beneficial to the common man.
At appraisal time, even before your income increases, you usually start planning for what you could do with the extra money that will be coming from the next month. What happens in a scenario when we don‘t get that anticipated hike?
Adopting a checklist approach can help you avoid errors and save time and money while buying your dream home.
Home loan balance transfer surely saves some money. But do not go for a blind bet.
Awaiting possession of your under construction house for over 3yrs? Read on to find out what extension of time period entails for loan borrowers.
MCLR for overnight lending has been slashed by 0.5 percent to 9.32 percent while it has been lowered by 0.2 percent to 9.72 percent effective May 4, DCB Bank said in a statement.
While personal loan offers a quick fix, loan against property offers you a cheap source of credit for longer term.
Those opting for short-tenor loans will see a substantial gain in the interest outflow.
Avoiding these mistakes help you to enjoy your house and not worry too much about repayment of home loan.
Both being asset backed loans offer the benefit of low interest rates as compared to personal loans. Consider the tenure while choosing the loan product.
This being the first debt in your life please ensure that you pay it off on time. This keeps your CIBIL score in good shape.
"Ola will be helping to reduce the financial burden on new driver-partners by supporting its driver partners pay off the first two EMIs," Ola said in a statement.
Answering these five questions will help you to assess if you are ready for a home loan.
Personal loans are costly and one must exercise caution while going for one. It is better to do some due diligence before signing above the dotted line.
Under the scheme, 'SBI FlexiPay Home Loan', the additional loan amount will help such professionals in acquiring better and spacious living spaces for themselves and their families, the country's largest lender said in a statement here.
There are situations when one may find difficult to pay off his debt. Such a problem can be overcome with the help of a debt counseling agency.
Though borrowing is easy for most of us thanks to organized banking and low interest rates, repaying it can be a task in itself. Better to assess your money matters before you opt to borrow.
There are many tax benefits associated with the construction of a home. However, they can be best enjoyed when the home construction is complete in stipulated time period.
Instead of taking a quick decision on the big commitment of second home, it pays to list down all the advantages and disadvantages. And then take an informed call.
Home buying if done in hurry can be a disaster, especially when you are going to stay in that house. It is better to do the ground work right before you write the cheque.
Luxury cars are no more a dream for upwardly mobile individuals. Thanks to financing schemes, the luxury cars are accessible. However, be careful when you go for a luxury car loan.
Many individuals blame external factors such as rising inflation for their poverty. However, in reality, their own behaviour towards money stops them from getting rich.
Home loan insurance is a must given the size of the liability. When you are changing the financier for the loan, it make sense to revisit your home loan insurance arrangement.
Indulging in Diwali shopping can be harmful to your financial wealth. This can result in a debt trap and can impair your chances of getting loans in future.
A mortgage is a great responsibility that you must bear on able shoulders for a long period of time. If you already have a mortgage or are planning to avail of one soon, you are obviously confident of your finances. Here are some tips to save money on a home loan.