Home Loan Interest to Increase: Higher EMI or Prepayment, How to Minimise Rising Cost - News18


8/8/2022 12:00:00 AM2 years 9 months ago
by Anulekha Ray

Home loan interest rate hike: Rising repo rate will shoot up the interest rates of home loans and personal loans. What should borrowers do now to mitigate the rising loan burden? Experts suggest four ways

The Reserve Bank of India (RBI) has recently increased the repo rate by 50 basis points to tame rising inflation in the country. With the latest hike, the repo rate is back to the pre-pandemic level … [+4787 chars]

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