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 →

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 →

India Mortgage Guarantee Corporation (IMGC) on Thursday announced its partnership with Muthoot Homefin (India) Limited (MHIL) to offer mortgage-backed home loan products to MHIL clients seeking home loans in the affordable housing segment. Muthoot Homefin aims to leverage mortgage collateral as a risk mitigation tool as demand for affordable andRead More →

Union Budget 2022-23: In addition to ELSS, debt and hybrid funds may also be included for deduction under Section 80C to encourage investors to invest in diversified funds With a new wave of the pandemic hitting the country, the taxpayer’s expectations of the 2022 Union budget have increased significantly. WhileRead More →

If you’re looking for a property, getting pre-approved financing can help you bid with confidence. How long does pre-approval take and how does the process work? In a competitive housing market, pre-approved financing can take some of the stress out of finding a home, giving buyers the option to offerRead More →

Our personalities are imprinted in our homes. It is a heritage that is transmitted from generation to generation. Therefore, a home is one of the most essential investments a person can make. But they are undeniably expensive, and they are rarely acquired all at once. Therefore, having easy access toRead More →

Looking to save money in 2022? It might be time to refinance your mortgage. Refinancing your loan can be a great way to save money and boost your budget. According to external refinancing figures released by the Australian Bureau of Statistics (ABS) in October 2021, more than 498,000 Australians areRead More →

What are the different fixed and variable interest rates offered for home loans today? Let’s take a detailed look at the interest rates of banks and housing finance companies. – Institution Amount of the loan Under Rs. 30,000,000 Rs. 30 to 75,000,000 Rs. 75,000,000 more BANKS (Floating rates) Axis BankRead More →

ATLANTA, Jan. 05, 2022 (GLOBE NEWSWIRE) – The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the appointment of three new members to its Affordable Housing Advisory Board (Council). The Board plays an important role in helping FHLBank Atlanta fulfill its mission of community lending and affordable housing,Read More →

Housing Minister Darragh O’Brien has announced an expanded new local authority home loan scheme, increasing eligibility for those who can apply. The new regulations will make it easier for singles to qualify for a state-guaranteed mortgage for a new, used or build-your-own home. A “fresh start” principle also applies, whichRead More →

December is a great time to reset and create goals for your next year, and for many Australians, mortgage refinancing can be high on their New Year’s resolution list. Whether you’ve spent the last year listening to experts suggest that interest rates might rise, or the financial pressures of theRead More →

What is refinancing? Refinancing is when a borrower changes their home loan product with one that usually has a lower rate than their existing lender or a new lender. Borrowers typically refinance their mortgages to get a lower rate or update their loan characteristics and terms to keep up withRead More →

The Reserve Bank of India’s (RBI) decision to keep policy rates unchanged will keep interest rates on mortgage lending low and support the ongoing recovery in housing demand, according to property developers and consultants. Welcoming RBI policy, CREDAI Chairman Harshvardhan Patodia said that “the RBI’s accommodating stance on keeping theRead More →

Although the Department of Veterans Affairs has backed a record 1.44 million home loans for veterans and military over the past year, members of Congress and veterans’ advocates said Wednesday that sellers remained wary of VA-backed loans. Misinformation about VA appraisals, which many sellers find more complicated than others becauseRead More →

Big banks have started to raise rates on fixed-interest home loans, although the Reserve Bank of Australia has not raised official rates for a decade and signaled on Friday that it was unlikely to do so. done before 2024. Even with official rates frozen at record highs, banks say wholesaleRead More →

New Delhi | Jagran brand office: As the holiday season approaches, financial institutions in India are gearing up to offer the best deals on credit products including home loans. Online searches for residential properties hit an all-time high in September 2021, according to a recent study. This is the bestRead More →