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Deal4Loans

Home Loans- Good days ahead

In last few months the loans business has seen the downtrend.But with the last three weeks of Inflation data showing no upward trends, analysts feel the home loan rates has peaked.
With th festive season round the corner, market expects a demand in Housing loans.

Deepak Parekh, chairman of HDFC, the country’s largest housing finance company, believes that with the great Indian middle-class kicking in, home loan market should be able to weather the storms of a slowing economy. “We have seen a growth of 22% in the home loan segment in August, vis-à-vis the year-ago period.

So maybe we can see party back in Home loans.

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