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Home Loans News

RBI resists its urge: rates intact home loans up to 20 lakh may get cheaper (Indian Express via Yahoo! India News)
The credit policy for 2007-08 today brought cheer to the markets and those seeking small home loans with the RBI leaving key lending rates untouched and paving the way for lower interest rates on housing loans under Rs 20 lakh. The central bank reduced the risk weight on home loans of up to Rs 20 lakh from 75 per cent to 50 per cent - a move that will result in a reduction of up to 0.5 ...

Home loans may cost less (Deccan Herald)
Those seeking home loans up to Rs 20 lakh may soon be able to get money at a slightly lower rate of interest.

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