Cheer up, home loan rates may go down - Instablogs
Cheer up, home loan rates may go down
Vinit , Mangalore: May 2 2008
Made Popular May 2 2008
India :
Banks have no plans to hike the interest rates on home loans in the immediate future and what could be more good news the rates could even fall. Union Finance Minister P Chidambaram’s advice to public sector banks just two days after the Reserve...
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Tags: India home loans, RBI, PSU bankers, P Chidambaram
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Anil
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Anil unholywars.org May 2 2008
Delhi, India
Beware of such marketing strategies, luring the gullible middle-class citizens. Even if the home lone rates are slashed to one notch lower, can the lower middle class, always aspiring to join their elite cousins in the upper middle class, afford this luxury of owning a roof over their head. It is a mirage in which a lower middle-class citizens continue to live throughout life. Does a person in this class has money to spare to invest for a dwelling or an apartment, in particular when we are reeling under the unabated inflationary trends?
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