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Can't pay your bills?  Here's how you can avoid the dreaded debt trap

Sep 09, 2013

Can't pay your bills? Here's how you can avoid the dreaded debt trap

Debt should not be taken for acquiring a depreciating asset. An example could be buying a mobile phone or white goods on loan. #Credit card #PersonalFinance #housing loan #Bills #Debt Trap #Financial Planning
RBI issues directive to banks: Link home loans to construction status

Sep 03, 2013

RBI issues directive to banks: Link home loans to construction status

The Reserve Bank today asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of "innovative" housing financing schemes. #Reserve Bank of India #NewsTracker #EMI #Housing loans #Loan to Value Ratio
Budget 2013: Raise interest payment cap on housing loans, says PwC

Feb 13, 2013

Budget 2013: Raise interest payment cap on housing loans, says PwC

PwC is of the opinion caption that the realty sector has been under pressure for long and the government should incentivise investments into the sector. #P. Chidambaram #PwC #Budget2013 #Housing loans

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Budget 2013: Raise interest payment cap on housing loans, says PwC

Aug 24, 2014

Heirs fail to inform lender of mother's death

Dear Liz: My mother passed away unexpectedly in late 2008. She had a mortgage, and the house was under her name only. She didn't leave a will. My family is still paying the loan, and the company does not know my mother passed away. We don't have a lo...
Budget 2013: Raise interest payment cap on housing loans, says PwC

Aug 07, 2014

Top Reasons Millenials Shouldn't Buy A Home...Yet

There are many reasons to buy your first home, including dozens of financial benefits and lifestyle benefits. And right now, it’s a buyer’s market; interest rates are still low, hitting 4.34% for a 30 year fixed loan this month. According to the late...
Budget 2013: Raise interest payment cap on housing loans, says PwC

Aug 02, 2014

Impac Mortgage rolls out loans with easier qualifying terms

An Irvine mortgage company that pulled the plug on its higher-risk loans a year before the Great Recession has launched an array of rule-bending home loans nationwide — a sign of a thaw in tightfisted lending standards in place since the housing cras...