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While the rate hike was along expected lines, the industry stakeholders including borrowers were hoping for some relief from the Union budget

Only 16% homebuyers trust real estate agents, 54% still rely on friends, family, finds survey

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Looking for a home loan? This startup is ensuring hassle-free loans with its automated platform Gurugram-based Basic Home Loans is working to digitise home loans and increase affordable loan penetration for middle and low-income households. 0 claps Share on Housing is a fundamental need and it determines the aspiration of a society. In the last decade, there has been a lot of innovation to support housing for middle and low-income groups from the government. It is also an area of interest for m...

Big banks prepare to wrap up mortgage holidays in March Big banks prepare to wrap up mortgage holidays in March Wednesday, 20 January 2021 Not long after the pandemic hit, hundreds of thousands of Australians took up their bank’s offer to suspend mortgage repayments. But new deferral applicants will soon be turned down as banks prepare for the program’s end in March 2021. In a note to mortgage brokers, NAB said it will no longer be accepting deferral applications as of 20 January. Similar ...

Asheville Habitat for Humanity accepting applications for homeownership programs elisfkc2 / Flickr / CC BY-SA 2.0     ASHEVILLE, N.C. (WLOS) — The Asheville Habitat for Humanity is now accepting applications for their homeownership programs. Nearly half of local renters pay more than 30% of their income on rent, and 20% pay more than half of their income on housing. And now, between pandemic-related job loss and reduction, an influx of out-of-town buyers, a limited supply of affordable...

Demand for second home sees a surge amid pandemic SECTIONS Share Synopsis With prices as low as Rs 12 lakh, people are investing in Haridwar, Dehradun, Rishikesh, and towns like Shimla and Solan in Himachal Pradeshand Dapoli, a coastal city which is a five-hour drive away from Mumbai and Pune. Agencies Even people from Mumbai, Pune and Ahmedabad are looking for plots and good quality flats in Himachal. Real estate developers are witnessing greater demand for plots and independent houses that a...