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Deciding to purchase your first home is a significant milestone, filled with both excitement and complexity, especially when navigating the fluctuating landscape of interest rates and real estate prices. ....
RBI MPC announcements today: A 0.5% drop in your home loan interest rate can save you Rs 3.83 lakh if the interest rate on your Rs 50-lakh loan for 20 years comes down from 9% to 8.5%. This will give much needed relief to old home loan borrowers who have seen their interest rate rise sharply within the last 3 years. ....
But before you set out to buy a property, there are certain things to be careful about. We list out seven key factors that one should make note of ....