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well in present scenario the best one is to go for floating interest rate. since the interest rate cycle is already at its peak. One can look at changing it to fixed once the rate bottoms out.
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| SAMRUDDHA (Posted: Oct 30, 2011) |
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Living in past 3 years scenario, where the economy was moving north, it was advisable (and still for coming 8-10 years) to opt for fixed rate of interest.
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| Amit Bhardwaj (Posted: Apr 23, 2008) |
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If you are a homeowner in need of a home equity loan but you have not yet built up any equity in your home, don't despair. A 125 percent equity home loan may be the answer.
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| mayuresh (Posted: Mar 5, 2008) |
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