LIC Housing Finance Cuts Home Loan Rates by 25 Basis Points from April 28
In a bid to boost the housing market, LIC Housing Finance has announced a reduction in home loan rates by 25 basis points, effective from April 28. This move is in line with the Reserve Bank of India's (RBI) easing policy, which has prompted other major banks to slash their lending rates as well. The rate cut is expected to stimulate the affordable housing segment, making it more attractive for homebuyers to invest in their dream homes. With the reduction in home loan rates, buyers can now enjoy lower EMIs, making homeownership more accessible and affordable. The shift is also likely to encourage more people to take the plunge and invest in the real estate market, thereby giving a boost to the economy. Key terms like 'home loan interest rates' and 'affordable housing' are expected to gain traction, as buyers look for affordable options. Additionally, 'low-interest home loans' and 'housing finance' are also likely to be popular search terms.
