For many mortgage borrowers, EMIs, or equivalent monthly payments, are their biggest expense item. In many cases, the burden of home loan EMIs negatively impacts investable surplus to achieve long-term financial goals. Here are some tips for home borrowers to help them achieve their main financial goals even as theyRead More →

A home buying experience is exhilarating. Because it might be the most expensive purchase you’ll ever make, the fun and excitement that comes with it fades. Doing your homework will ensure that your home purchase is a success, so you need to be extra careful. Home loan applicants can expectRead More →

Australians should be allowed to use their superannuation balance as collateral for a home loan, a parliamentary committee recommends. Home ownership is still part of the Australian dream, but obstacles such as supply issues and rising costs prevent it from becoming a reality. Allowing people to use their superannuation asRead More →

Piramal Capital & Housing Finance Limited (PCHFL), the wholly owned subsidiary of Piramal Enterprises Limited, has partnered with India Mortgage Guarantee Corporation (IMGC) to offer Gruh Setu home loan. Affordable mortgage-backed home loans will be offered to customers in unserved and underserved areas, according to a statement from Piramal CapitalRead More →

Partner content oi-Oneindia Staff | Updated: Tuesday, March 15, 2022, 12:49 PM [IST] Finance Minister Nirmala Sitaraman presented the Union Budget 2022-2023 on February 1, 2022. While presenting the budget in Lok Sabha, she said that this year’s budget will be the foundation for growth and growth. India’s economic expansionRead More →

“It’s not always about which direction you’re doing best, but it’s about peace of mind. There are other times when the fixed rate is a bit higher and households still choose to fix because they want to go to bed at night because they want to know what they canRead More →

The implementation of technology has revolutionized business processes in almost every industry and has become an essential strategy for those who wish to succeed in this competitive environment. The home lending space has been relatively untouched by this technological revolution, primarily due to higher note size being a mainstay ofRead More →

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 →

Australia’s leading homebuilders’ association said the first home loan deposit had ‘proven to be very successful’ and should be extended to help tackle housing affordability and supply problems, announced before the federal budget. As part of the Housing Industry Association’s pre-budget submission, she said while the recent surge in demandRead More →