Most Popular Types of Mortgage Loans

The loans are everywhere and they also have different types. If you plan to get a mortgage are, it is best to research before you proceed. You must be sure that the results could provide mortgage loans. You can check described some of the most popular types of mortgages in the following. Fixed Mortgage Loan [...]

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Posted November 10, 2011 by ][-NooM-][ under More Loans

HDFC hikes floating loan rates by 25 bps

HDFC hiked interest rates on floating rate home loans by 25 basis points in a move that will make loans costlier for both existing and new borrowers. In addition, a clutch of banks, including Bank of India, Oriental Bank of Commerce, Indian Overseas Bank and Dena Bank all hiked lending rates. On Monday, Punjab National [...]

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Posted February 10, 2011 by ][-NooM-][ under Benchmark Lending, More Loans

Kenya Central Bank Keeps Benchmark Rate Steady at 6%

Kenya’s central bank left its benchmark interest rate unchanged for the second straight meeting, following six cuts since last year, after commercial lenders increased loans to consumers and businesses. The Monetary Policy Committee left the key lending rate at a record low of 6 percent, the Nairobi-based Central Bank of Kenya said in an e-mailed [...]

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Posted February 10, 2011 by ][-NooM-][ under Benchmark Lending, More Bank

Russian Central Bank has raised Interest Rates in May to move the focus to inflation

Russia’s central bank said it may increase interest rates in the first quarter, signaling a shift in its focus to inflation as the International Monetary Fund warned prices may remain “elevated on unchanged policies.” “Inflation is beginning to worry us,” Chairman Sergey Ignatiev told reporters yesterday in Moscow. The central bank will “primarily” use its [...]

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Posted December 12, 2010 by ][-NooM-][ under Benchmark Lending, More Loans

Problem Mortgage Subprime : Causes and effects on the Mortgage Loan Market last

Subprime of Mortgage Problem is now in compliance with the Association crudest mortgage lenders are reputable and mortgage institutions suffering large losses last week has seen three major players in the mortgage industry and financial markets will Lower with a large amount of loss due to subprime crisis. Merrill Lynch, including a significant amount of [...]

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Posted December 7, 2010 by ][-NooM-][ under Benchmark Lending, More Loans, More Real Estate

ICICI Bank : Base rates not affecting existing home loans borrower

ICICI Bank today said the new base rate regime, which has come into effect from July 1, will not impact the interest liability of existing home loan borrowers unless they voluntarily shift to the new system. “As far as existing borrowers under the present BPLR regime are concerned, the interest rate will run till maturity. [...]

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Posted November 1, 2010 by ][-NooM-][ under Benchmark Lending, More Loans

ICICI Bank to increase home loan rate from Oct. 5

Mumbai, Oct 5 (PTI)The country’s largest private lender ICICI Bank is all set to increase the home loan interest rate by 25 basis points to 8.5 per cent from tomorrow. An announcement to this effect is likely to be made shortly, banking sources said. Under the proposed scheme, home loan seekers will have to pay [...]

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Posted October 28, 2010 by ][-NooM-][ under Benchmark Lending, More Loans