7 home loan strategies for first-time borrowers
The lowest interest rates are often reserved for female borrowers. It’s very common for home-buyers to co-borrow with their wives to avail the lowest rate.
As we enter 2021, home loan interest rates are still at an all-time low -- starting at 6.75% -- making it a delight for new home buyers. While lenders are offering lowest interest rates, it is a long-term commitment. Here's a list of seven parameters, beyond cost of borrowing, that you may consider before signing up for a home loan: