housing loan Latest News

The Obama Administration has released the Home Affordable Refinance Program (HARP) for underwater homeowners to lower their payments with no appraisal.

Lending by Indian banks to the housing sector increased by 14% to Rs369,900 crore at the end of October 2011 from Rs324,748 crore at the end of 2010. It had risen by 12% in October 2010 over the previous year, according to data from the RBI.

You don’t need to provide documents and collateral for to up loans. The tenure of a top up loan can be as long as the outstanding tenure of the home loan. This will help you to reduce your overall cash outflow.

The rapidity of expansion in home loans is on the decline after for a short time gaining momentum in mid-2011. High interest rates on housing loans are indeed larceny home buyers, forcing them to postpone investment decisions.

Most of the major banks discontinuing prepayment charges on floating rate loans, including those refinance , banks say that floating rates will now indeed float.

From, Last 1.5 year’s home loan interest goes hiked after some intervals. In coming days, the interest will start going down. Banks reduces their housing loan rates at different times.

MoneyLaxmi – an online finance portal to get small and sizable Home Loan from 10 lakh to 50 crores,get the latest buzz on home loans,interest rates, latest home loan eligibility criteria

National Housing Bank (NHB) is planning to revive the market for securitisation of home loans to help banks and housing finance companies overcome asset-liability mismatches.

The perform among commercial banks of attract customers with beneficial interest rates on housing loans only to convert it into floating rates later is a cause for concern, Reserve Bank of India Deputy Governor Usha Thorat said Tuesday.

Just Mortgage, a boutique Singapore mortgage advisory firm intends to change the way homeowners look for residential mortgages by launching a revoluntionary online mortgage comparison platform.

One Shop Finance is a free loan comparison portal which gives all the information about loans . One shop finance offers competing quotes from more than 4 leading financial institutions