ICICI Bank cuts home loan rate by 0.25%
ICICI Bank today slashed home loan rate for both existing as well as new borrowers by 0.25 per cent joining a rate cut war initiated by its bigger rivals HDFC Ltd and SBI.More
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Home loans: Fixed rate better for short term
It's tough to take a decision on interest rates for borrowers, especially with long-term loans. Suppose your age is 40 years and you've taken a floating-rate home loan for 20 years. If you doMore
Axis Bank launches fixed home loan for affordable housing segment
Fixed interest rate home loans have staged a comeback in the market, with Axis Bank — the third largest private sector lender in the country — being the latest to roll out one suchMore
More loan at higher rate or lesser loan at lower rate?
Have you put your plans to buy a house on hold because you don't have enough funds to make the required 20-25 per cent down payment for the property? Don't worry. Soon, you will be able to getMore
40 Years Ago...and now: Home loan: A tale of three institutions
D B Remedios was the first borrower of HDFC, which was the first organised player in the home loan market. Remedios took a Rs 30,000 loan at a fixed rate of 10.5 per cent in 1978. The amount was lessMore
Fixed-rate home loans: Not many followers likely for ICICI Bank offer
ICICI Bank’s bold move to introduce a fixed rate home loan of 10 years at 10.25 per cent might not find many followers, since interest rates are expected to fall from next year, say bankers.More