There is distress among home owners. Home Loan tenures have shot up rapidly in the last year. We enjoyed two years of rates as low as 6.40. But such has been the inflation that barely three quarters later, many borrowers are now paying upwards of 9 per cent. As a result, Home Loan tenures have shot up dramatically!
It’s been a crazy year with Home Loans. As the RBI pumped the repo rate up from 4.0 to 6.5. Home Loans became costlier at a pace not seen in years. Voluntary EMI hikes are a great way to reduce Home Loan tenor and get out of debt faster. Read on to know more!
Diwali is nearing and we want you to check everything off your wishlist. If you’ve been looking for the perfect Home Loan or Car Loan this year, look no further. The “Diwali Dhamaka Sale” by BankBazaar is here! Pst! We’re giving you some fabulous reasons to get your perfect home and car! Here’s why you should pay attention to what we’re telling you!
It was a busy morning for Prakash Chadda, as the month end was nearing. Files were piled up on his desk. Chadda was hunched over a bunch of papers with a magnifying glass held really close to his nose. He was a detective of a special kind. Prakash Chadda was the credit manager of home loans… Read More »
10 Loan Tips for First Time Home Buyers Unwrapping your birthday gift or Christmas gift probably had you excited and nervous at the same time. Buying a house could give you the same experience, but hightened. This is especially true for first time home buyers. But with a little homework at the outset, most of… Read More »
Neeraj, a middle class sales and marketing professional based in Pune, purchased a decent abode in a metropolitan by securing a home loan worth Rs. 24 Lakhs from a leading financier. Divided into easy monthly installments, Neeraj was reducing his liability quite comfortably. Being able to increase his bank balance to Rs.8 Lakh, Neeraj found… Read More »