Loan tenure should not exceed your date of retirement
HDFC's revised home loan interest rates now range from 8.4 per cent to 8.7 per cent, whereas PNB Housing Finance's is from 8.4 per cent to 11.75 per cent
New borrowers should go for banks over HFCs as the new benchmark - MCLR - is more transparent
Buyers should weigh Tata Housing-Indiabulls Housing Finance offer against others where they can negotiate on home price and loan rate separately