Aug 03, 2022 06:55 PM IST

How to deal with costlier home loans?

What is a home improvement loan?

As people return to cities post-COVID-19 to work, demand-supply mismatch pushes up rentals 12%: Report

The report by NoBroker, an online platform that helps people find rental houses, says that while companies raised their headcount in the last two years, construction of housing projects has been delayed due to various reasons, which has contributed to the rise in rents.

Four ways to shorten your home loan approval time

Assess your EMI affordability before applying for a home loan, make a higher downpayment, and improve your credit score.

Bajaj Housing Finance Announces Home Loan Interest Rate Change; Offers One of the Most Competitive Rates Starting at 7.20%

A modification in interest rates for Bajaj Housing Finance's products has been announced. For salaried and professional applicants, the company's house loan interest rates currently begin as low as 7.20 percent * p.a., making them one of the most competitive on the market right now.

Home loan demand likely to moderate as borrowers brace for higher EMIs, say experts

Home-loan borrowers are bracing for higher interest rates as inflationary pressure prompts the Reserve Bank of India to tighten monetary policy. On June 9, HDFC increased its retail prime lending rate by 50 basis points. It was the fourth time in a month that HDFC hiked its home loan rate

HDFC increases retail prime lending rate on housing loans by 50 bps

Kotak Mahindra Bank and ICICI Bank have also hiked their interest rates recently.

Why did RBI raise co-op banks’ home-loan limits?

Managing home loans during a rising interest rate regime

Home loan lenders allow borrowers to prepay their entire outstanding balance or part of it. On making prepayments, borrowers can either opt for EMI reduction or tenure reduction.

SBI home loan, Axis Bank charges, car, bike insurance: Key rules that change from today

Here are the Key Money and Operational Changes that will Come into Effect from June 01, 2022:

Revisiting home truths: Given current conditions, should one buy a house or stay on rent?

The perpetual debate is rekindled in the wake of better regulations and low-interest rates, but it should be a financially driven decision rather than an emotional one.

LIC Housing Finance ups home loan interest rate by 20 bps for select borrowers

For borrowers with CIBIL score of 700 and above, the rate hike has been limited to only 20 bps, LIC Housing Finance said in a statement, adding that the revised rates are applicable from Friday.

High interest rates may not dent housing loan demand in India, say experts

Despite the probability of continued rate hikes in the coming months, home loan rates are expected to be cheaper compared to pre-Covid levels and could be attractive for borrowers

How will the repo-rate hike affect home loans?

What is the retail prime lending rate or RPLR?

Expected but unscheduled. What does RBI’s rate hike mean for investors and borrowers?

The interest rate hike will also impact equity markets, which thrive on liquidity. How the US Fed treats its own interest rates will further determine which direction the equity markets will go

RBI hikes repo rate by 40 bps: How is it going to affect borrowers and depositors?

Borrowers would feel the implication of the repo rate hike across all categories of loans, both secured and unsecured. Depositors will earn higher interest rates as rates will start going up

HDFC hikes retail prime lending rate: Five key questions answered

HDFC’s floating-rate home loans for customers with a credit score of over 750 will carry an interest rate of 6.75 percent, up from 6.70 percent earlier

Securing a home loan liability: Home loan insurance or term policy?

The main difference is that home loan insurance covers property, while a term policy covers a person’s life

Bank of Baroda cuts home loan rates by 25 bps to 6.50% till June end

The bank will also give a 100 percent waiver on processing fees during this period.

Borrowers may have to shell out more on loans as banks begin to hike lending rates

Multiple bankers and analysts Moneycontrol spoke to on April 20 said that loan pricing could go up by at least 25-50 basis points from current levels over the next two quarters as lenders have started hiking their marginal cost of fund-based lending rates (MCLR) over the past few days

Simply Save | ‘Brace yourselves for increase in home loan rates from June’

Part prepayment of home loan and voluntarily increasing your EMI, among other things, can help offset the increase in interest burden that borrowers are likely to witness from June, Bankbazaar.com CEO Adhil Shetty tells Preeti Kulkarni

India’s home-loan market set for a churn after HDFC-HDFC Bank merger

Housing finance companies face a choice: become a niche player or merge with a bank. As things stand, the home-loan market is firmly in the grip of banks.

AU Small Finance Bank -- Why this stock can’t be missed

AU Small Finance Bank has a comfortable capital position with capital adequacy ratio of 19.5 percent.

Buying a home too early in your career is a financial mistake you’ll repent later

Not making financial mistakes is as important as doing the right thing. And paying home loan EMIs at a time when your salary has not yet grown sizeably is one such costly mistake.