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 →

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 →

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 →

Mortgage borrowers faced with the prospect of higher interest rates could reduce their future repayments by paying more now, with new figures revealing the savings on offer. Fixed mortgage rates have already started to rise from historic lows as the Reserve Bank unwinds its emergency stimulus measures. While the centralRead 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 →

For veterans and active servicemen competing for homes in what is still the hottest real estate market in decades, the U.S. Department of Veterans Affairs has refined its loan program with several key adjustments, winning praise from veterans, real estate agents and lenders. The VA Loan is a privately funded,Read More →

Favorable demographics, better affordability of residential properties and historically low mortgage rates are boosting demand for home loans, mortgage lenders have said. Several major banks, mortgage lenders and housing finance companies significantly reduced their mortgage interest rates during the festival period to take advantage of the resumption in housing demandRead More →

The key rates remain unchanged; banks, housing finance institutions see an increase in loan disbursements. By Balaji Rao TThe six-member Monetary Policy Committee (MPC) chaired by RBI Governor Shaktikanta Das has, as expected, kept interest rates unchanged and the position continues to be “accommodating.” The reverse repo rate would remainRead More →

The lowest mortgage market rates have now been raised. Heartland Bank added +30 basis points to its very competitive floating rate. And he also increased all of his fixed rates. Heartland’s floating rate fell to 2.55%, but it’s still around 2% lower than any major Australian bank and 1.20% lowerRead More →