Ravi Karandeekar's Pune Real Estate Market News Blog: Are interest rates softening?

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Thursday, July 5, 2007

Are interest rates softening?

There is a distinct trend of interest rates peaking out or even coming down marginally. Several banks like PNB have already withdrawn their 9.5% deposit product. Banks like SBI say they have lowered their rates on short term loans. Even as interest rates show the first signs of falling, we hear that real estate prices have started to climb.......Moneycontrol India :: News :: Are interest rates softening? :: Akruti Nirman :: Business :: PNB ,SBI ,real estate ,Rajiv Singh,DLF ,Vimal Shah,Akruti Nirman ,property pri