Thursday, August 26, 2021

Home loan transfers up 42% in Jan-June over prior 6 months: Report

“The soaring demand has been triggered largely by the fact that the Reserve Bank of India (RBI) has kept the repo rate unchanged at a constant 4%, allowing many banks to offer interest rates of less than 7% for home loans. This has also been a key driver in augmenting the demand for home buying,” the report said.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2WrhL2i

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