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Home loans 25% costlier in 2 yrs

Tough Times Ahead for Home Loan Borrowers

Tough Times Ahead for Home Loan Borrowers
With major banks and housing finance companies (HFCs) raising mortgage rates, it is tough times for a large number of home loan customers with floating rates. On Tuesday, State Bank of India, the country’s largest bank, raised both its deposit and lending rates, taking its effective home loan rate to 10.25%. A back of the [...] Continue Reading »



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