Homebuyers' monthly budgets go for a toss as EMIs shoot up - Economic Times


6/12/2022 12:00:00 AM2 years 10 months ago
by Sobia Khan

Two rounds of increases in policy rates in a month have raised EMIs by up to ₹12,000 for those with loans of ₹1 crore and above.

The recent sharp increases in home loan rates have started pinching existing borrowers whose savings are crimped by rising inflation. Two rounds of increases in policy rates in a month have raised … [+1660 chars]

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