Here are some of the common mistakes that most home buyers make when it comes to home loans and how to avoid them.
The indications are all there but it will still be a few days before banks start raising lending rates that affect your equated monthly instalments (EMI).
Have a query regarding your home loan? Maybe we can help. Drop us a line and our expert, Harsh Roongta, will answer it.
Should you go for a salary structure with high basic component? Is there a flip side to it?
Eleven global music giants have sued Yahoo! China, owned by e-commerce giant Alibaba, over its alleged involvement in illegal downloading and playing copyrighted music.
Debt to income ratio is a financial ratio that tells you when you have borrowed more money than you can repay. It's a like a red signal that tells you to stop borrowing.
Studies have indicated that only one in four graduates from India's colleges are employable. This means till the time the quality of education improves, the other three will have to remain content with either door-door canvassing for savings accounts, or watching people's tea and toilet habits, or honing up their American accents in graveyard shifts.
A dream home can be closer to reality if you live a financially disciplined life. All that it takes is to make smart moves at the right time in your life and career.
Get Ahead Tax expert Mahesh Padmanabhan on short term and long term capital gain tax issues arising out of selling your old home and buying a new home.
'Earlier I'd send money back home.' 'Now I've to take from them.' 'I'm completely heartbroken, scared for what the future holds.'
Before opting for a joint home loan with your parents or spouse you must first understand the implications of this loan.
Do you think your bank is amortising your home loan correctly? You need to keep a check on this.
What do developers do when apartments aren't finished on time? Some pay back their clients as part of a penalty clause.
It's unfair, isn't it? That good borrowers are not rewarded for their discipline and are forced to subsidise indisciplined borrowers who may pose higher credit risk...
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A discount on the product may make a credit card loan seem cheaper than a consumer durable loan. But missing a payment in case of the former will mean exorbitant charges.
Have you always paid all your EMIs without defaulting? Or have you defaulted on your dues on a number of occasions? Is there any way by which you can get to know your credit rating?
We invite readers to share their experiences with relationships gone wrong.
For a borrower, who has serviced his loan without missing any repayment, the banks will be willing to take over the loan, give a top-up, and would offer lower interest rates, says Tinesh Bhasin.
Understanding the calculations involved while computing the home loan eligibility has seldom been easy for individuals
'The economy of Kashmir has collapsed.'
Move beyond making notes and Excel. With a little bit of discipline, a personal finance software can help you be your own money manager.
Summer diet tips, tax saving mantras, US visa info... more
Where are interest rates expected to go from here? What should the new home buyers do? What should the existing home buyers be aware of?
Banks may be offering you more services than ever, but they have their price tags
Global ratings agency, Fitch Ratings, said the 180 days past due (dpd) two-wheeler loans (loans where EMIs are overdue for over 90 days) have reached as high as 6 per cent of original principal outstanding in some pools.
Offset home loans are available under different names. But do you know if they are beneficial to you or not? Read on.
Rediff.com's Syed Firdaus Ashraf and Hitesh Harisinghani speak to millennials to find out if the ease of ride-sharing apps like Ola and Uber was a reason for them not buying a car.
The SC has ruled that banks cannot employ goondas and must take legal action to recover their dues. Tell us what you think.
Whether you invest in short-term securities or long-term securities, the interest rate that you will get on either is similar. Which should you choose? Should you invest in short term debt or invest money for a long period?
Concern is growing among healthcare experts who believe that if people do not follow the lockdown or social distancing seriously, the situation can quickly go out of control.
Any saving on the car loan EMI can translate into major savings.
Change will have to begin with Mr Modi, who by all accounts has shown little active interest in macro-economic issues, preferring instead to focus on the effective implementation of projects and programmes, points out T N Ninan.
'My biggest fear is if I get infected will I get admission in a good hospital and how much money will the hospital charge for my treatment.'
The repo rate, at which the central bank lends to the system, will come down to 5.75 per cent after the cut.
Not paying your credit card bill, or not paying it on time, can reduce your credit rating when you apply for a loan.
The young are most vulnerable to self-harm and suicidal ideas at this time.
Before opting for a joint loan with your parents or spouse (after all, anybody who you love is your Valentine) you must first understand the implications of this loan.
Mind/life coach, NLP trainer and Mental Health Guru Anu Krishna answers readers' queries and guides them to take control of their life.
