Mortgage rates hit highest levels since last August, weakening purchase demand
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In a positive sign for sales of newly constructed homes, mortgage applications for these properties were up in June versus one year prior, although normal seasonality kicked in compared with May’s activity. Processing Content Furthermore, sales trends for these properties are on the upswing, another reason lenders need to keep an eye on this segment,…
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Many salaried individuals assume that earning more than ₹12 lakh automatically means they have to pay income tax under the new tax regime. However, that’s not always true. If your annual Cost to Company (CTC) is ₹14.65 lakh, you may still be able to reduce your taxable income below ₹12 lakh and legally bring your…
Why investors are shifting to tier-II cities for higher commercial real estate returns
“The growth story of tier-II cities is no longer confined to housing; it is driving the creation of complete economic ecosystems,” explained Samujjwal Ghosh, chief executive officer, The House of Abhinandan Lodha. “Reverse migration has further strengthened this momentum, with professionals, entrepreneurs, and skilled talent choosing to build their lives and businesses closer to their…
Wheat Sees Gains on Tuesday
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Where should you buy a home? Crisil maps India’s emerging housing hotspots | Personal Finance
Demand in Tier-2 housing markets has grown at a 14% CAGR over the past five years, but rising prices and affordability concerns are beginning to reshape where—and what—homebuyers should buy, according to a report by Crisil Intelligence. The report says residential demand across 10 major Tier-2 cities expanded at a 14% compound…
These states are making homeownership nearly impossible in 2026
“We get on it early on in the loan process because we don’t want the client to have sticker shock when they get their insurance quote, or it could jeopardize the loan because the traditional underwriting matrix for insurance doesn’t work anymore,” Germanides said. A multistate squeeze brokers cannot ignore The affordability pressure extends well…
