Nearly 90 per cent of respondents feel that their decision to buy residential properties will be significantly impacted if mortgage rates exceed 9 per cent, according to a survey conducted by FICCI and Anarock. Industry body FICCI and real estate consultant Anarock on Friday released their joint 'Homebuyer Sentiment Survey', with a sample size of 7,615 people, at a real estate conference here. "In a recent survey, over 71 per cent of respondents indicated that their home-buying decisions would remain unaffected if rates stay below 8.5 per cent. However, if rates exceed 9 per cent, then it will have a significant impact on over 87 per cent of respondents. For rates between 8.5 per cent and 9 per cent, about 54 per cent expect a moderate influence on their choice," the report said. Among other findings, the survey found that real estate is the most preferred asset class for investment for over 59 per cent of respondents. The Indian residential market continues to be predominantly dri
Strategy makes up for imbalance in banks' deposit and credit growth
'Good sustenance in home buying', says mortgage lender in statement
In a report published on TechCrunch, Better.com's list containing the names of the people who will be laid off from the company on Friday, was leaked internally on August 23, 2022
The Reserve Bank of India defines securitisation as transactions where credit risks in assets are redistributed by repackaging them into tradable securities
RBI changed the norms for securitisation of assets this year. The holding period before an asset is securitised was reduced from 12 months to 6 months. But what is securitisation? Here's an explainer
Credit quality of the rated pass-through certificates (PTCs) should remain 'Stable' during FY22, says rating agency
The committee has been asked to submit its report by the end of August 2019