The leading property portal published an article titled ‘Will the RBI policy review actually make home loans cheaper now?’ on April 5, 2016. It brings into limelight the expected impact of reduced repo rates by another 25 basis points onto home loans. Mr. Pawan Jasuja, Director, Finlace Consulting was found quoting that the latest repo rate cut of 0.25 basis points is sensible and will surely bring down the interest rates of home loans. But the banks should ensure to pass the benefit to the homebuyers.
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