Home loan

Planning a Home Loan? EMIs may come down soon!
In its second meeting, the Reserve Bank of India (RBI) today lowered its policy repo rate by 25 basis points to 7.5 percent. Also, the reverse repo rate moved down to 6.5 percent, while the central bank kept the cash-reserve ratio unchanged at 4 percent. Welcoming the step, Manoj Gaur, MD, Gaursons India ltd & […]

Is now the right time to switch my home loan to another lender?
While Reserve Bank of India (RBI) has not decided to cut interest rates in its recent monetary policy review, banks have already started dropping deposit rates for tenure of one year. This is an indication that lending rate cuts will follow soon too. If you think that lower home loan rates with other banks would […]