Friday, 17 April 2015

Housing Companies will boost due to cheaper home loans

Bank and Housing finance companies have begun to cut interest rates on home loan. After SBI and HDFC now ICICI Bank and Axis bank also reduced home loan rate 25%. Market Experts says that realt estate and housing companies get most benefit due to reduced interests.
Loan demand is currently the greatest concern of these companies, but now by reducing interest rates the demand of housing loans may pick up again. Shares of companies also get benefited.
Investors can make profit to bet on ICICI Bank, SBI, HDFC, DHFL stocks.


Post a Comment