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Are you opting for a Home Loan? Do you know the difference between a Fixed and Floating Rate of Interest? Here’s what some think it really means…
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 »
You know that aunty, who won’t stop talking about getting you married? Or the old man down the street who frowns at you every time you pass his house? How about that young lad who always has his headphones on and doesn’t seem to notice anything going on around him? Or the whiny guy… Read More »
Extra, extra! Good news is here and there’s no need to be puzzled anymore. On 2nd June, RBI reduced the key repo rate by 25 basis points to 7.25%, the third such cut in the year. Other banks are now expected to reduce their lending rates once more. Rahul, your average IT guy, was wondering… Read More »
Planning to get a home loan could make even Bruce Lee roll in his grave. But we ask him (and you) not to sweat it. Bruce Lee has no idea about these home loan options, and we bet you might have overlooked them too. Here are 5 alternatives that could Abracadabra your worries, and Alakazaam… Read More »
Ever take a machine for repair and find it working perfectly in front of the repairman? Ever expect an important call and have the network fail you exactly at the time of the call? Ever make the perfect coffee only to be called away to a meeting that lasts just long enough for your coffee… Read More »
It was a typical Sunday afternoon. It took some time for Nidhi to soak in the ambience of the lounge bar that she was visiting after months. She was still furious at the cab driver, who had taken a circuitous route to the place so that he could charge her more. Her friend Renu, who… Read More »
Ignorance is bliss, but not for loan buyers. Many home buyers are unaware of the several options available when it comes to a home loan. Call it “research fatigue” or the lets-get-this-out-of-the-way syndrome, majority of home loan borrowers look only for interest rates. Here are six options you are likely to ignore when finalizing a… Read More »
In just a few days following the budget RBI has paved the path for increasing the liquidity for banks, enabling the possibility of a lot of positive steps in the real estate sector. Impact on home buyers RBI notified to consider the home loan up to Rs 50 Lac (i.e. a property value up to… Read More »