Home loans to be expensive
For those looking to buy a house or in the process of repaying a home loan, Tuesday's repo rate and CRR hike may not be good news. Home loan will get more expensive, as most banks are certain to pass on the higher rates to their customers. NDTV learns that most banks are looking to hike home loan rates and it's not just those planning to take a new loan should worry. Existing borrowers on floating rates will also feel the pinch.
