News Roundup – Oct 7, 2011

In this news roundup, we bring you our analysis of the latest and most interesting loans, interest rates and EMI related news from various resources. Banks not to raise lending rates for now While the mortgage rates in U.S. are at a record low, the persistent rate hike by RBI has increased borrower’s anxiety in… Continue Reading

Rate race in home loan market heats up

While an existing borrower is reeling under the burden of ever increasing EMI, banks have embarked on all out rate war to attract new customers. At first glance, banks appear to be wooing new customers with various concessions to make up for high interest rates and higher property prices. While doing away with processing fees… Continue Reading