More About the Author "hardeep"

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Name: hardeep saini
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Home Loans, Should i take it or not June 2011

With rates above 10% with almost all banks and no teaser schemes, a large section of Home loan seekers have pushed there requirement for future. So should one go for Home loan at the current rate or wait? A customer should understand if he is going to opt for home loan in floating rates, his […]

HDFC shares fall after NHB asks to set aside more funds

Shares of Housing Finance Development Corp (HDFC) fell 3% to 659.70 on Friday on news the National Housing Bank ( NHB) has asked housing finance companies to set aside more funds for less riskier retail home loan portfolio. The move could impact earnings of housing finance companies, including HDFC. Analysts said HDFC would have to […]

Managing Home Loans in a Rising Interest Rate Scenario

Introduction Manish is a 30 year old person working in a private company. Manish’s family includes his wife (homemaker), 3 year old daughter, and retired parents. Manish had taken a home loan of 25 lakhs 1 year back at 8.5% for 20 years with a monthly EMI of Rs. 21696. Apart from repaying the home […]

Monitor fixed deposits for better profits

Financial consultant say that one should buy equities and then forget about them for a few years. But this invest-and-forget loom can exact a high price when it comes to debt investments. Ask Mumbai-based Anil Mhatre. Five years ago, he invested Rs 25,000 in a fixed deposit and then forgot all about it. He finally […]

Citigroup Home Loan Variation And Foreclosure Avoidance

Recently, Citigroup has been getting a lot of awareness thanks to their Road to Recovery Tour, which is going to be offering events here in the early parts of June to homeowners who are struggling and may need a home loan variation or other foreclosure avoidance programs that could be offered from CitiMortgage. Current options […]