Attention borrowers! RBI’s FAQ clarifies banks must offer fixed interest rate for all personal loans with EMIs | Mint

The Reserve Bank of India (RBI) on January 10 said it is mandatory for banks to…

MCLR vs Base Rate: Which one is better for you? 3 experts weigh in | Mint

Interest rates, be it to individuals or institutions, play a crucial role in planning finances. Two…

SBI won’t get into a rate war amid fight for deposits, says new chief

But Setty does not rule out tweaking in rates for one- to two-year deposit buckets Source…

Homeowners with low interest rates are seeing the ‘lock-in effect’ fade. Here’s what that means

In This Story Homeowners are beginning to give up on waiting for lower mortgage rates. That…

The 5 states where people have the most mortgage debt — and 5 where they have the least

Photo: Mario Tama (Getty Images) Mortgage debt has increased by 80% since 2003 and remains the…