Planning to buy a house? There is some good news. HDFC [Get Quote] has cut home loan rates by 0.25 per cent.

Do you think this is the right time to go for a home loan? Will more banks follow suit and cut home loan rates?

Or do you think it would be prudent to wait for some more time and then go in for a loan? Do you think the rate cut could provide a boost to the real estate sector further?

What do you think should be the ideal rate for home loans? Tell us your views!