How fixed-rate mortgages turned homeowners into cash cows
Mortgage brokers left homeowners at the mercy of interest rate shocks by steering them to shorter deals so they could benefit ...
Personal loan EMI: Now you can switch from floating interest rate to fixed as RBI clarifies norms
In its latest guidelines, the RBI instructs banks to give borrowers the option to change floating rates to fixed rates on ...
Personal Loan: Can you switch from floating to fixed interest rate with personal loans?
Learn more abou RBI’s new guidelines that empower borrowers with the option to switch between fixed and floating interest ...
Federal Bank revises interest rates on fixed deposits, offers upto 8 percent. Check the latest rates
On one-year deposits, the Federal bank offers 7 percent and 7.5 percent to general and senior citizens. On two-year deposits, ...
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Key fixed deposit updates you should know: New offerings and rate adjustments
Bank of Baroda launches bob Liquid Fixed Deposits Bank of Baroda has introduced the ... For example, a 50 basis point higher ...
'Hard to predict where interest rates might go' as mortgage rate gap shrinks
The gap between the average two and five-year fixed-rate mortgage has shrunk to its narrowest level in two years, experts ...
Bank of Baroda launches ‘bob Liquid FD’ for enhanced liquidity and convenience
Bank of Baroda introduces bob Liquid Fixed Deposits with flexible partial withdrawals and no penalty for premature ...
Why interest rates may never fall back to recent lows and what that means for you
The era of super-cheap money is over, according to leading economists who argue interest rates will not fall back to the low ...
Reverse Mortgage, Home Equity Loan or Refinance? The Pros and Cons of Each
Home equity is a valuable financial resource. By definition, it's the difference between your home's value and how much you ...
Banks hike interest rates on FDs amid fierce competition for deposits
Banks have started offering higher returns on FDs amid fierce competition to raise more deposits. While leading banks such as ...
Mortgage calls: When will borrowers see value in long-term rates again?
Property research company CoreLogic says four out of five borrowers kicked off the new year with either a floating mortgage rate or a fixed term of less than 12 months. For new loans, only 10% were ...
Highest SBI FD Rates on ₹8 Lakh for 1-Year, 3-Year, and 5-Year Tenures
The State Bank of India (SBI) provides various investment schemes to senior citizens and others, including the Amrit Vrishti ...