Where intrest rates are headed in India ?
what is the possible outlook of intrest rates for next 5 years ?
I am plaaning to take bank-loan, should i wait ?
which option is better Fixed intrest rate or Floating intrest rate ?
Where intrest rates are headed in India ?bank loan
The interest rates are on top right now and have increased 3-4 percent in the last few years.
There is no likelyhood for further increase in the rates.
If you can afford you can wait till the rates soften
No point in taking fixed interest rate now when they are at peak. You can think of floating right now.
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