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Month: April 2023

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First-Time Homebuyer Loans And Programs

Tony Anderson/Getty Images: Illustration by Issiah Davis/Bankrate New to the home-purchase scene? First-time homebuyer programs can help make your ownership dream a reality. These programs help you get into a…

The Latest Home Loan Interest Rates: Apr 28, 2023

What are the various fixed and floating interest rates on offer for home loans today? Let’s take a comprehensive look at interest rates across banks and housing finance companies. –…

Rupee poised to extend rally on soft dollar index, positive risk mood

The Indian rupee is expected to open higher versus the U.S. currency on Monday, building on last week’s rally, helped by the pullback in the dollar index and U.S.…

How Much Can You Afford

Whether you’re a first-time homebuyer or a seasoned real estate investor, buying a home involves a lot of paperwork and patience. And if you want to ensure you’re making the…

Companies to raise funds from markets

Several companies, including Tata Capital Financial Services, LIC Housing Finance and Bajaj Housing Finance, have decided to raise funds from the market through bonds, according to news agency Reuters.   …

Equitas Small Finance Bank opens 7 new branches in one day and lives to its Power of 7 Mantra

Equitas Small Finance Bank Limited, one of the leading SFBs, is opening 7 new branches in different parts of the country. Operations of all 7 branches begin ahead of Republic…

Housing Is so Unaffordable That Banks Are Losing Money on Each Mortgage

Housing is so unaffordable banks lost money for each mortgage they financed in 2022, a report found. Some providers averaged a $301 loss per loan, a first recorded by the…

ifc: HDFC gets $400-million loan from IFC for homes, affordable and green

IFC, a member of the World Bank Group, has extended a $400-million loan to India’s largest mortgage lender, HDFC, to boost green housing in the affordable segment. IFC’s funding will…

Federal Home Loan Banks should do more than the minimum for affordable housing

Recent news stories have highlighted the Federal Home Loan Bank (FHLB) of San Francisco’s decision to provide billions of dollars in loans to Silicon Valley Bank and Silvergate Bank in the weeks…

Are Federal Home Loan Bank advances a sign of distress?

A Silicon Valley Bank branch in San Francisco March 13. Silicon Valley Bank, Signature Bank and Silvergate Bank each were among the leading borrowers from the Federal Home Loan Bank…