Home loans are due to go up – that is the general wisdom gleaned from experts. The Reserve Bank of India (RBI) has increased interest rates seven times in 2010 aggregating 300 basis points. However, there has been a relatively muted 150 basis points increase in home loan interest rates, but the latest increase will put upward pressure on home loan interest...

When can I apply for a home loan? You can apply anytime after you have decided to acquire or construct a property, even if the property has not been selected or the construction has not commenced. Besides, you can also avail of the loan facility even if you want to renovate or extend your home. How do I make an application? You need to approach a Housing...