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Home > Forum > Bangalore > Home Loan > Housing loans affordability.

Housing loans affordability.

Q: Since the RBI has cut the repo rates, now are the housing loans affordable?

rbi
house loans
banks home loan
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Replies (5)
1
This gives the home loan customers a greater flexibility to opt for other banks for better interest rates.
sophia


2
Hi guys, there's one more benefit to home loan borrowers. RBI has barred banks from charging any fee from a customer who wants to repay an outstanding loan and close the account.
Sivakiran


3
Hi all, you can read this story to know how the people are benefited by RBI- Home loan borrowers and realtors will gain from RBI rate cut .
Sitaram


4
Yes Dhiraj, both the builders and the buyers are benefited to some extent.
sophia


5
Not very affordable yet.. Few banks have reduced rates of home loans but only upto 0.25%.
manjunath.d1990


6

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