Housing Loan Tenure: An analysis of HDFC’s customer profiles in the last five years shows that the average loan size is on a steady increase while a
Experts say that the increasing inflation due to disruption of supply chains during the lockdown also has an impact on the interest rates.
The benefits of locking up a home loan deal today are greater than at any time in recent memory
Not just the public sector banks, private sector lenders have also slashed their rates
A borrower should always check the number of remaining years and opportunity cost before prepaying home loan
The interest rate war comes as banks are sitting on huge excess liquidity which as of last week was over Rs 6.5 lakh crore
"With the economy slowly reviving, the interest rates are expected to go up over the next 12-18 months," said an expert