Rajatheertha Construction & Real Estate News Blog

Floating vs Fixed Home Loan Rates in India 2026: Which Should You Choose When Interest Rates Rise? India | October 26, 2026 You are planning to take a ₹50 lakh home loan. One lender offers a floating interest rate starting at 8%. Another offers a fixed rate at 9.5%. The floating loan initially looks cheaper because its EMI is lower. But what happens if the RBI increases its policy rate again? Would your floating EMI jump? Would the bank keep your EMI unchanged and extend the repayment period instead? Could you switch to a fixed rate later? And would the bank charge you for making that switch? These questions are especially relevant in October 2026, after the latest change in the RBI policy-rate environment. The central choice is not simply between a low rate and a high rate. It is between two different forms of financial risk. With a floating-rate home loan, the interest rate changes according to an agreed benchmark and contractual conditions. With a genuinely fixed-rate home loan, the...

Best Home Loan Interest Rates in India 2026: SBI, HDFC, ICICI, Axis and Other Banks Compared India | October 21, 2026 A family planning to buy a ₹75 lakh apartment wants to borrow ₹50 lakh. They begin comparing home loans. One bank advertises a starting rate of 7.20%. Another quotes 8%. A third offers a special digital loan rate, but only to eligible pre-approved customers. Which is actually cheaper? The answer cannot be determined by looking at the first percentage displayed on a bank's website. The bank may offer that rate only to borrowers with a particular credit score, income category, relationship status or loan amount. Another bank may quote a somewhat higher rate but charge less for processing, valuation or other services. A housing loan can last twenty or thirty years. Even a small interest-rate difference can produce a large change in total repayment. But interest rates can move. In October 2026, the Reserve Bank of India's repo rate moved to 5.50%, and lenders revise...

  CIBIL Score for Home Loan in 2026: Minimum Score, Interest Rates and How to Improve It India | October 18, 2026 Two people can approach the same bank, apply for the same ₹50 lakh home loan and receive different interest-rate offers. Their incomes may look similar, and both may be buying comparable properties. Yet one borrower might receive a more competitive rate while the other faces a higher borrowing cost or additional scrutiny. One possible reason is their credit history. In India, the CIBIL score is one of the important indicators lenders use to evaluate how an applicant has managed borrowing and repayments. It can influence how a bank assesses credit risk, whether the application progresses smoothly and what interest rate may be offered. For someone planning to purchase a home in 2026, understanding this score can have a meaningful financial impact. But borrowers often receive misleading advice. Some are told that 750 guarantees loan approval. Others assume a score below 70...