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Home Loan Rates

Any individual who is planning to take a home loan should be familiar with the terminology that home loan financer as well as the loan agreement mentioned. An understanding of such terms makes a home loan deal clear in the mind of the individual/ loan seekers (borrower). Here are some terms that one must know while you go for a search of home loan. The Banks do not finance you the entire amount of... [Read more]

Registration fee Relief for flat buyers

The State government on friday rescinded its earlier decision to levy a registration fee at a flat 1% of the market value of an apartment. The announcement was made by Chief Minister Ashok Chavan after the cabinet meeting on Friday. With the Registration Fee and Stamp Duty Payers Association threatening to challenge the decision to increase the registartion fee in court and knowing that its move... [Read more]

Home Loan Processing fee norms remain unclear

Banks rarely cut floating home loan rate although they are prompt in increasing it. While media is told about rate changes, banks fail to inform consumers individually. Non-refund of processing fee after rejection of application, sometimes without reasons. Delay in disbursing sanctioned amount after all the formalities are fulfilled. Non release of documents after a loan is... [Read more]