Home loan rates in single digits. How does this affect you? Join the discussion
Home loan rates in single digits. How does this affect you? Join the discussion
he home loan rates are in single digits for the first time in four years. Join us for a discussion and tell us how the move affects you.

Giving a boost to affordable housing, the Reserve Bank of India in March eased the norms for home loans for up to Rs 10 lakh by allowing banks to include stamp duty and registration charges to the cost of a unit. The RBI also cut the repo rate by 25 basis points from 7.75 per cent to 7.5 per cent making home loans cheaper.

The home loan rates are in single digits for the first time in four years. Join us for a discussion and tell us how the move affects you.

Does your EMI change, and if yes, by how much?

Should you go for floating or fixed rates?

Should you switch banks to get a lower EMI?

What's your reaction?

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