scorecardresearchHome Loans: Amid lending rate hikes, should you opt for the transfer of balance loan?

Home Loans: Amid lending rate hikes, should you opt for the transfer of balance loan?

Updated: 06 Sep 2022, 12:56 PM IST
TL;DR.
Balance loan transfer is now a much-preferred option to repay home loans with banks raising their interest rates to tackle the impact of rising inflation on the economy.
Increasing interest rates by banks have caused many borrowers to seek a home loan transfer.

Increasing interest rates by banks have caused many borrowers to seek a home loan transfer.