RBI MPC Meet: Home Loan, Homebuyers' Expectations

RBI MPC Meet: Home Loan, Homebuyers' Expectations 

The outcome of the ongoing RBI’s MPC meeting will be declared on Thursday. Here are top  expectations for home loan customers, home buyers.

The outcome of the ongoing RBI’s MPC meeting will be declared on Thursday. Here are top  expectations for home loan customers, home buyers.

As home loan interests are already high, homebuyers will face difficulty if their EMIs go up.

As home loan interests are already high, homebuyers will face difficulty if their EMIs go up. 

If there is another rate hike, home loan interest rates may hit an all-time high and touch almost double-digit. EMIs will also go up.

If there is another rate hike, home loan interest rates may hit an all-time high and touch almost double-digit. EMIs will also go up. 

However,  good news is that RBI is expected to keep repo rate unchanged, reflecting the easing concerns surrounding inflation.

However,  good news is that RBI is expected to keep repo rate unchanged, reflecting the easing concerns surrounding inflation.

Some experts have even suggested that the RBI should go for a rate cut to provide an impetus to growth.

Some experts have even suggested that the RBI should go for a rate cut to provide an impetus to growth. 

However, the RBI is likely to exercise caution and wait before contemplating such a step. Till then, Repo Rate may remain unchanged.

However, the RBI is likely to exercise caution and wait before contemplating such a step. Till then, Repo Rate may remain unchanged. 

The RBI's decision to keep the repo rate unchanged will have an immediate impact on homebuyers as their EMIs will remain unchanged.

The RBI's decision to keep the repo rate unchanged will have an immediate impact on homebuyers as their EMIs will remain unchanged.