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Home > Forum > Mumbai > Home Loan > Why the home loans getting costlier?

Why the home loans getting costlier?

Q: Is it so that the home loans are getting costlier because of inflation and high rate of interest? Will it affect the real estate industry?

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It seems that the Reserve Bank of India does not want that the home loan borrowers should rest in peace, as real estate is known as the back bone of the economy the fresh hike will impact the industry negatively. The increase rate will affect the customers who are already burdened with high rate of interest.
alok.khurana


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