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Fixed or Floating rate?

Home Loans The major home loan companies have hiked their prime lending rates (PLR) by 25-50 basis points. Will this pinch in your pocket have any effect on India’s realty boom?

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11-12-09	#1
elite New Member Join Date: Dec 2008 Posts: 13	Fixed or Floating rate? I went for BoB Housing Loan for 15 years / 30 lakhs. I get an interest rate of 8.5% for floating and 9.25% for fixed options. Can any one suggest (Wiseman, Nataraj, n abhishek, abk) which would be better in the current market conditions (next 10 years). Thanks!

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