Though property prices have declined, renting still makes sense in heated markets For Nagpur-based Deepak Puranik, scouting for a house in Mumbai was the next step to being offered a job in the city.

With a dip in the demand for fresh loans due to sharp rise in interest rates and increased prepayments, growth in the mortgage (home loan) market would be 15 per cent in 2011-12 against 18 per cent in

The directive assumes significance, given banks' reluctance to implement advisory on the same. The Reserve Bank of India (RBI) has asked the banks to waive the pre-payment charges in floating rate

Rising rates prompt extension by 10 more years; others may follow suit. There is some good news for home loan borrowers, with the State Bank of India increasing loan tenures by 10 more years. Other

The National Housings Bank's (NHB) latest circular waiving penalty on full home loan prepayment may give housing finance companies (HFCs) an edge over banks this festival season. Bankers said the

These should be considered for a year as interest rates may start coming down after that. Mumbai-resident Tripti Nigam has zeroed in on HDFC's three-year fixed-cum-floating-rate housing loan. Like any

Home loan borrowers, already reeling under the persistently high inflation, should brace up to shoulder additional financial burden. Rating agency Crisil has said rising interest rates and the

Mumbai: The Reserve Bank of India’s decision to raise key rates for the third time in the current fiscal would make home, auto and corporate loans expensive by up to 50 basis points, burning another

Among all income tax doubts, the issue of House Rent Allowance (HRA) going hand in hand with housing loan deductions seems to vex employees the most. Let’s examine this. Vinayak Rege, who is

Your existing home loan provider can be your best friend in times of your future financial needs. As they offered you a mortgage against your house, they can also help you with a quick loan against