Banks increase home loan rates again

[dheerajjain]

Yesterday, I received letter from my bank (IDBI Bank) that home loan rates have again been increased by 0.5% . This is a third increase in less than a year. To add salt to wound, my bank says that this increase is retrospective and is applicable from 5th May, 2011.

Home buyers are being exploited from all sides. Is it a crime for middle class citizens in India to dream of buying home ?

[webmaster]

I recently got my ROI adjusted by paying HDFC Rs.22,000 as conversion fees. After 1 month, the ROI are back again to the same point where I started.

A snapshot of ROI from HDFC Ltd.