Calcutta, October 8 (UNI) The decision to maintain the status quo on key rates is important because it comes at the start of the holiday season, according to Knight Frank India President Shishir Baijal. “We welcome the RBI’s decision to keep rates unchanged despite inflationary pressures, as adequate liquidity andRead More →

A new Yorkshire Building Society mortgage offers homebuyers an interest rate of just 0.78%, the best in the market, as the cost of borrowing to buy a home continues to hit record highs. The two-year fixed deal, which is also available for remortgage, is a tracker – meaning borrowers wouldRead More →

The MasterCard logo on a smartphone disposed in Saint Thomas, Virgin Islands. Gabby Jones | Bloomberg | Getty Images Mastercard is entering the competitive installment loan space by allowing banks and start-ups to scale up their own “buy now, pay later” offers. The payments giant on Tuesday announced a newRead More →

Principal Correspondent: Assembly opposition leader Devendra Fadnavis scathingly attacks MVA on all issues Alleging that the government of Maharashtra wants to collect electricity bills like a pawnshop, the leader of the opposition in the State Assembly, Devendra Fadnavis said: due to COVID-19. On the one hand, instead of helping farmersRead More →

Federal Reserve Chairman Jerome Powell said on Friday the economy had made “further substantial progress” towards the Fed’s inflation target and “net progress” towards its full employment target, maintaining the central bank on track to scale back its bond buying stimulus this year. And while Powell said July’s solid jobsRead More →

The Select editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. The pandemic has shaken the real estate market and pushed many potential buyers away from homeownershipRead More →

Installment loans – loans that allow you to borrow money and pay it back in equal monthly installments with a fixed interest rate – are a handy personal finance tool if you’re looking to pay off large debts in small amounts. manageable pieces. The most common type of installment loanRead More →

Businessman arrested Nana Gaikwad allegedly tortured his borrowers by hanging them upside down in a well at his home; Pimpri-Chinchwad police call on victims to come forward and file a complaint against him In a bloody act that will bring shame to mankind, a Pimpri-Chinchwad-based businessman and moneylender, Nana Gaikwad,Read More →

The Reserve Bank of India (RBI) once again maintaining the status quo on key rates, borrowers can enjoy low interest rates on loans for some time yet. At its bimonthly Monetary Policy Review meeting on August 6, 2021, the RBI announced that it was once again keeping its policy ratesRead More →

Three detained for murder of loan shark in Andhra Pradesh [Representative image]| Photo credit: iStock images Highlights The three defendants, identified as P Mabu Sharieff (28), K Sheikh Shashvali (25) and K Sheikh Shavali (32), were arrested by police on Thursday. The three kidnapped the loan shark after he pressuredRead More →

The National Reverse Mortgage Lenders Association (NRMLA) submitted a letter to the U.S. Department of Housing and Urban Development (HUD), specifically asking the department to update the loan documents and security instrument of the conversion mortgage Home Equity Insurance (HECM) to comply with the Non-Borrowing Spouse (NBS) protections that wereRead More →

The National Reverse Mortgage Lenders Association (NRMLA) and its board of directors have officially approved the mission statement of its new Diversity, Equity and Inclusion (DEI) committee, according to a statement emailed to members of the association at the end of last week. The newly formed committee, revealed to theRead More →

Ireland’s largest money lender, Provident Financial, has announced it will close its home lending business as Monday’s annual results highlighted the pressure from the coronavirus pandemic and growing complaints from clients on risk lenders. The move comes just days after Finance Minister Paschal Donohoe said the government planned to “gradually”Read More →

PHILADELPHIA CREAM – (COMMERCIAL THREAD) – The Association of Independent Mortgage Experts (AIME), a national, not-for-profit trade association created exclusively for independent mortgage brokers, announces the promotion of Katie Sweeney to CEO. As CEO, Sweeney will continue to focus on AIME’s core mission of supporting independent mortgage brokers and developingRead More →

SINGAPORE – An illegal money lender has granted a total of $ 8,400 in loans to at least 19 Filipino domestic workers and charged an interest rate of 20% per month, five times the maximum legal rate. Deputy Prosecutor Pavithra Ramkumar said the interest rate was sky-high, with the maximumRead More →