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With home loan interest rates at 9%, borrowers face challenges like higher EMIs and reduced borrowing power. To cope, borrowers can negotiate for lower rates, consider refinancing, and seek guidance from financial advisors for better financial management.
Buying a home in your 40s in India can be a good investment for your future if you evaluate all of the important considerations and plan wisely.
The RBI wants to ensure that the big changes in rates already made are properly felt in the economy.
Interest rates: Is the tide starting to turn?
The government will launch a scheme to help deserving sections of the middle class 'living in rented houses, or slums, or chawls and unauthorised colonies' to buy or build their own houses