Friday, May 22, 2020

Covid-19: Home loan rates set to dip to 15-year low, EMIs to fall

Since October 2019, when home loan rates were linked to repo rate, interest has been cut by 1.4 percentage points. Housing finance companies and those banks that have not linked their home loan rates to the repo rate may not pass on the reduction in their home loans.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2zrdj8i

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