Podknife - 3318: Simply Save podcast | Home loan rates have fallen, but borrowers may not get the benefit by Moneycontrol Podcast

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3318: Simply Save podcast | Home loan rates have fallen, but borrowers may not get the benefit

Podcast |: Moneycontrol Podcast
Publisher |: moneycontrol
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business
Publication Date |: Mar 31, 2021
Episode Duration |: 00:18:57

Banks may advertise their low home loan rates, but they add a credit risk mark-up. This mark-up depends on your credit score. If your credit score is good, then the mark-up is small. But if you have a bad credit score, you have to pay a loan rate higher than the advertised rate

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