Will Home Loan Interest Rates Go Down In 2025 In India
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Will Home Loan Interest Rates Go Down In 2025 In India. If interest rates go up from 9percent to 11percent, it will result in reduced eligibility for the loan amount. Lower interest rates make home loans more affordable,.
According to adhil shetty, ceo of bankbazaar, the rate cut can translate into significant savings for home loan borrowers. Many banks have revised its loan rates after the reserve bank of india’s (rbi) recent cut in the repo rate by 25 basis points (bps) from 6.50% to 6.25% during its mpc meeting last week.
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