For borrowers who were in need of cash, possibly to meet a medical expense, they had to use whatever means they had available.
Money9 Helpline hosted Harshvardhan Rungta of Roongta Securities to resolve the queries related to buying a home during the offer season.
The recent round of pruning of interest rates by major banks have taken home loans to historic lows.
HDFC home loan rates: Customers can avail of HDFC home loan starting at 6.70% pa effective 20th September 2021
With the easing of restrictions and decline in cases, the fresh loan disbursements in the second quarter of FY 22 have reached the pre-Covid levels.
SBI has announced a festive offer that will let borrowers avail of a home loan for any amount at a rate as low as 6.7%
There is a list of pre-approved mutual funds against which loans are given by the lenders.
The revised interest rate on loans after the reduction is 7.45%. This will come as a relief to the customers and their wallets.