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Home Loan Rates Yet To Peak: Lic Housing

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Home Loan Rates Yet To Peak: Lic Housing

Last updated: June 25 2007
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  • Home Loan Rates Yet To Peak: Lic Housing

    Mumbai, June 25, 2007
    Mint

    LIC Housing Finance Ltd (LICHFL) said home loan rates have not yet peaked but felt there was no asset bubble in the making as housing demand was real. “Interest rates have no doubt been stable during the last two or three months. But it has not reached the level of 13-14 percent as witnessed in the past. The rates have not peaked yet,” LICHFL director, CEO S. K. Mitter said. LICHFL aims at growing its business by around 25 percent in the next few years, he added.
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    Any comments folks ?


    Ram
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