The interest rates on Home Loans after progressing on to MCLR are currently fixed at about 9.5 per cent. Since the interest rates for Home Loans are not falling, how does a pre-MCLR money borrower avoid losing money?
Home Loan rates declined in 2016 and the trend is likely to continue in 2017. If you are looking to apply for a Home Loan, now is the time. Read on to find the best interest rates in 2017.