Indiabulls, HDFC, Kotak Mahindra Bank And Others Hike Home Loan Rates Post RBI’s Rate Hike With  the  Reserve  Bank  of  India  (RBI)  recently  hiking  the  repo  rate  by  25  basis  points  to  6.50  percent, some  banks  have  started  to  pass  on  the  burden  to  customers  by  increasing  their  lending  rates. […]

Home Loan May Get Costlier As RBI Hikes Repo Rate Again The  Reserve  Bank  of  India  (RBI)  in  its  bi-monthly  monetary  policy  review  on  Wednesday, hiked  the  repo  rate  again  by  25  basis  points  (bps)  to  6.50  percent. The  RBI’s  Monetary  Policy  Committee  (MPC)  hiked  the  repo  rate  for  the  second-consecutive  […]

Home  loans  are  set  to  get  cheaper  with  banks  start  implementing  the  new  lending  rate  structure  called  marginal  cost  based  lending  rate  (MCLR)  from  Friday. The  new  rate  setting  structure,  which  asks  banks  to price  loans  based  on  the  marginal  cost  of  deposits  rather  than average  cost,  comes  into  effect […]

Published on: Feb 15, 2016 @ 03:14 A  home  loan  balance transfer  or  refinancing  is  an  easy  option  through  which  most  of  the  people  avail  the  benefit  of  lower  interest  rates  prevalent  in  the  market. Most  of  the  Indian banks  in  home  loans  do offer the  option  to  transfer  existing  home  loan […]