Blog about Loans

Home prices have been slashed- the Facts for Today’s Buyers by 10% to 30% and the headlines in the media have sure come as a welcome gesture from the builders and housing finance companies. With home loan rates going on increasing and with so many houses left unsold there is a lot of money involved here. Builders did not have much choice and the sluggish home market since the past few years and the downfall in the sales of new houses has somehow brought a welcome change in the rates of property. With market data pointing towards much lesser percentage of first home buyers and genuine home buyers and a large percentage of  people buying  for investment it was understood that the home selling market was at a stand still. There was no hurry from the buyers side as they had time to wait for purchasing property for investment purposes. I still do not understand this move is a genuine one or not. With the reputation of the builders and the home loan lenders from the past it may st...

With the internet ruling every field more so regarding finance, the home loan sector is fast racing towards making quick loan applications and quick loan approvals. No longer do you need to find out information from different people and do rounds of various sites for purchasing a new home. You can browse the internet and get instantly a list of new constructions, new homes available and resale homes as well as loan lending housing financial agencies who are more than willing to send their representative at your place for more information regarding their home loans. All this has been possible due to the internet and online websites of the housing finance companies. How reliable are these online websites and is this information authentic? especially with quick insurance policies online are these genuine. Well most of the time yes, only when the companies involved are a reputed ones. Since insurance for home is mandatory with every home purchase and approval of a home loan every borrower ...