Does it make sense to switch to teaser Home Loan?

Teaser Home Loan

I purchased a Residential property in Ranchi in June 2009 worth Rs. 20 lakhs taking a Home loan of Rs. 15.6 Lakh from LIC Housing Finance @ 8.75% p.a. for 12 years. A few days back I received a letter from LIC saying the rates have been increased to 10% effective November 2009. Due to […]

Does it make sense to switch to teaser Home Loan? Read More »