Home Loans - 5 New Ways to Get Your Dream Home
If you are dealing with an understanding that mortgages in India come only in two flavors-fixed or floating, it's time to get up to the truth. Equaling global advancements and in a race to stay ahead in the fiercely competitive mortgage market, banks and Housing Financing Companies (HFCs, s) have actually come up with innovative plans, which offer a lot of choices to new home mortgage customers. So, if you are worried about getting a home mortgage, continue reading; the banks may have something special for you. Fixed-rate or drifting? Why not both The timeless dilemma to opt for a fixed loan or a floating loan has perplexed the average home mortgage borrower for ages. Volumes have been edited the benefits one has over the other and this has just added to the confusion. Taking advantage of the scenario, banks have actually started a home mortgage plan, which uses the versatility to pick a mortgage with both the drifting and repaired rate of interest alternatives. A customer can se...