Category Archives: Loan Interest Rate
The Impact of Mortgage Interest Rate
The Impact of Mortgage Interest Rate Mortgage interest rate is the interest rate banks set to customers who take out credit using collateral. This mortgage interest rate is determined depending on the type of bank loan taken. Credits for consumption
Factors to keep in mind when selecting an interest rate for Home Loans
Factors to keep in mind when selecting an interest rate for Home Loans Home loan rates are influenced by several factors. These include the principal amount, repayment tenure and interest rate amongst many other important factors. While one can easily
Different Types Of Home Loan Rates – Explained!
Different Types Of Home Loan Rates – Explained! Isn’t fixed rate very predictable? But, hybrid rate will make EMI easier to pay right? Oh, floating rate will have the zero prepayment charges. Won’t that be fabulous? These kinds of questions
Getting the Best Home Loan Interest Rates
Getting the Best Home Loan Interest Rates Interest rates are a very important deciding factor in comparing home loans. Interest rates are always a hot topic because they determine how much your home will ultimately cost and how much you
Advantages and Disadvantages of Fixed and Variable Interest Rate Home Mortgage Loans
Advantages and Disadvantages of Fixed and Variable Interest Rate Home Mortgage Loans One of the most expensive financial investments that most people make in their lifetime is for sure a home mortgage loan. Deciding which loan is the best for
Factors That Affect Your Interest Rate
Factors That Affect Your Interest Rate Numerous factors come into play when determining the interest rate you’ll pay on a home loan. Downpayment The higher the percentage of the purchase price that you can afford to make as a down
Could You Get A Lower Interest Rate?
Could You Get A Lower Interest Rate? If you obtained a loan such as a car loan, unsecured personal loan or a mortgage when the interest rates were high you may now be able to get a lower interest rate.
How Banks Mitigate Risk Of A Loan By Using An Interest Rate Hedge
How Banks Mitigate Risk Of A Loan By Using An Interest Rate Hedge Financial organizations such as banks that regularly make loans to customers can have exposure to risk from modifications to interest rates. Anytime an interest rate floats or
Loan against property scores over personal loans
Loan against property scores over personal loans A loan against property (LAP) is exactly what the name implies — a loan given or disbursed by mortgaging property. The loan is given as a certain percentage of the property’s market value,