Housing Loan News

State Bank of India raises interest rates by 5 to 10 basis points on most loan tenures, effective from today.

Muthoot Fincorp One has reported over 20,000 daily transactions, and over 200,000 app downloads. In six months, it plans to introduce these new products to reach 80,000 daily transactions, and a million app downloads.

In 2007, the biggest financial crisis since the Great Depression rippled across the globe after mortgage-backed securities tied to ill-advised housing loans collapsed in valueThe decline of Silicon Valley Bank partly stems from the Federal Reserve’s aggressive interest rate hikes

As property rates keep on rising day by day, it has become nearly impossible to buy a house entirely from your savings. In such situations, home loans have become quite a popular and viable option. With these loans, one may comfortably pay off the mortgage amount over a period of 20 to 30 years by breaking it up into several modest payments, or EMIs. The principal loan amount as well as the interest on the loan, which will be spread out over a number of years until the loan repayment is fully paid off, are both included in the EMI. EMIs are of two types- pre-EMI and full EMI. As it might be confusing for you to pick one, we go through each of them in detail in this video. #emi #homeloan #loanrepayment #loan #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze

A home loan is among the cheapest loans available and it is called a ‘good’ loan because it helps you acquire a tangible asset

Loan disbursements during the September quarter were at 95% of the level in the corresponding quarter last year

Housing affordability in India has worsened over the past four years with Mumbai retaining the top slotBhubaneswar was the most affordable city for home buying with a price-to-income ratio of 54.3 in the March quarter compared to 47.2 in March 2015

More than 90 days repayment overdue rose to 1.77% in January 2019 from 1.05% a year agoTractor and microfinance institution (MFI) loans rated by India Ratings continued to improve in FY19

It makes sense to buy a house if you plan to live in itHere’s a look at the lowest home loan interest rates of some leading banks

Here's a look at the lowest home loan interest rates of some leading banks