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CREDAI's budget wishlist includes tax sops on affordable homes, lower interest rate

Jun 30, 2014

CREDAI's budget wishlist includes tax sops on affordable homes, lower interest rate

Single-window clearance for the real estate project and industry status to the sector were some other demands made by Confederation of Real Estate Developers Association of India.
#India #Interest #Common man #Home loan #Budget #SectorWatch #CREDAI #Real estate #Budget 2014
Relief for borrowers: SBI, HDFC cut home loan rates

Dec 20, 2013

Relief for borrowers: SBI, HDFC cut home loan rates

Borrowers who are looking for a loan above the loan amount of Rs 75 lakh will have to pay 15 basis points more, that is 10.30 percent. For women borrowers, the bank has also announced a discount of 5 basis points. The new rates will be effective from 20 December. #RBI #Interest rate #NewsTracker #SBI #Raghuram Rajan #PersonalFinance #Home Loans
SBI, HDFC slash home loan rates

Dec 19, 2013

SBI, HDFC slash home loan rates

The new rates for HDFC home loans of up to Rs 75 lakh will be 10.25 percent as against the existing 10.50 percent. #Business #Investing #RBI #CRR #SBI #HDFC #CompanyWatch #Home loan
Inflation is killing real estate: Why property is a poor investment choice

Nov 22, 2013

Inflation is killing real estate: Why property is a poor investment choice

The argument that real estate is a good hedge against inflation does not hold true at all. In fact it is the other way around, high inflation is the worst condition for real estate prices to rise #Inflation #Interest rates #bank #property #Home Loans #Real estate #ToTheContrarty

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Inflation is killing real estate: Why property is a poor investment choice

Aug 22, 2014

BofA to pay $16.65 billion over soured home loans in mortgage meltdown

Bank of America Corp. will pay a record $16.65 billion to resolve government claims over soured home loans in what is probably the last major settlement stemming from the mortgage meltdown...
Inflation is killing real estate: Why property is a poor investment choice

Aug 14, 2014

Mortgage rates at low for year; 30-year averages 4.12%

The cost of getting a home loan has slipped back to the lowest level of the year, with Freddie Mac pegging the average rate for a 30-year fixed mortgage early this week at 4.12% compared to last week's 4.14%...
Inflation is killing real estate: Why property is a poor investment choice

Aug 07, 2014

Nearly 20% of home equity loans face higher default risk, report says

As much as $79 billion in home equity lines of credit are at heightened risk for default in coming years as Americans face a day of reckoning on their boom-era second mortgages, a new study found...