SDB Club Benchmark Real Estate

The first stage of hike in lending rates has begun, with banks starting to raise interest rates on short-term loans for corporates. They generally lend to potential customers, primarily corporate clients, at much lower rates below their benchmark prime lending rate (PLR), which is often termed as sub-PLR rates. Corporation Bank, for instance, has started [...]

Commercial lenders weigh many factors The rise in mortgage rates at three of the big banks comes at a time when the Bank of Canada’s benchmark lending rates have remained unchanged since early 2009. The Bank of Canada’s “overnight rate,” the rate at which Canada’s banks can make short-term loans to one another, was set [...]

SBI loans offer affordable interest rates The State Bank of India (SBI) has been in the business for a long time now. In February this year, it came up with a bumper offer for car loan seekers. SBI loan interest rate was slashed from 11.5 per cent to 10 per cent and lenders were also [...]

Chinese authorities signaled Wednesday that bank lending would slow significantly this year, the latest in a series of moves intended to forestall inflation and stave off bubbles in the stock and property markets. Liu Mingkang, chairman of the China Banking Regulatory Commission, said he expected Chinese banks to extend loans totaling about 7.5 trillion renminbi [...]

If you have been thinking about purchasing a real estate property for personal use or as an investment, you’ll need to hire the services of a real estate investor. If you play to finance your home through a bank or other lender, you’ll more than likely need to get the property appraised first. Banks and [...]