Standard Chartered Bank, India has launched the “interest only home loan” facility for completed residential properties. where during the initial term, borrowers pay only accrued interest on the principal outstanding. “No principal will be deducted during this interest-only period,” he said in a statement on Tuesday, adding that the facilityRead More →

With the Reserve Bank of Australia (RBA) set to raise the cash rate as early as August this year, is 2022 the right time for Australians to lock in a fixed mortgage rate, even before further hikes? With possible rate hikes on the horizon, you may be wondering how toRead More →

An additional deduction of ₹1.5 lakh is available on interest repayment under Section 80EEE for first-time home buyers, but only for loans taken out between April 1, 2019 and March 31, 2022 and when the stamp duty value of the property is ₹45 lakh or less. The rules regarding theRead More →