Todays 15 and 30 Year Fixed Mortgage Interest Rates; Home Loan Interest Rates …
Article from Learning and Finance:

Posted on | April 27, 2012 | No Comments

Housing Sector Market Analysis Today’s Review:
According to data stemming from the National Association of Realtors,
pending home sales in March rose higher by approximately 4.1 percent. As more Americans get back to work, housing sector statistics are expected to improve. Federal Reserve chairman, Ben Bernanke, reiterated this week that the U.S. economy is growing at a moderate pace and the central bank is poised to support the economy when needed. Investors, analysts, and potential home buyers all felt a renewed sense of optimism based on Bernanke’s comments. The hope is that the renewed sense of optimism, paired with the lower financing rates, will help support a continuation of positive home sector statistics. According to statistical analysis via zillow market tracker, the average price trend-line for existing homes rose between March and April. If the market shows consistency, more home buyers may attempt to take advantag…………………continues on Learning and Finance
>>> Read the full article from the source

.
Give home loan up to Rs25 lakh in priority sector: RBI to UCBs
Article from Moneylife Personal Finance site and magazine:

Moneylife » newsviewer » personal-finance » give-home-loan-up-to-rs25-lakh-in-priority-sector-rbi-to-ucbs

Give home loan up to Rs25 lakh in priority sector: RBI to UCBs
April 27, 2012 01:00 PM|
Moneylife Digital Team

“UCBs would, henceforth, be permitted to utilise the additional limit of 5% of total assets for grant of housing loans to individuals up to Rs25 lakh, which is covered under the priority sector,” RBI said in a notification

Mumbai: In order to facilitate enhanced lending, the Reserve Bank of India (RBI) has allowed Urban Co-operative Banks (UCBs) to provide housing loans up to Rs25 lakh under the priority sector lending schemes, reports PTI.

“UCBs would, henceforth,…………………continues on Moneylife Personal Finance site and magazine

>>> Read the full article from the source

.

.