· 7th Pay Commission: Govt triples home loan limit for central govt employees to Rs 25 lakh. The move is going to benefit about 50 lakh central government employees across the country.
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· Gov’t Loan Mod Program Leaves Some Homeowners Worse Off When some candidates are booted from a home loan modification trials, they discover they owe more than if.
Even if you don't work for the federal government, you could be impacted by the shutdown.
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The Coalition government’s $500 million plan to back first home buyers who don’t have big enough housing deposits could see banks lift interest rates by 1 per cent to cover the costs of such higher.
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Thus the next government and the RBI have their work cut out. Otherwise, retail borrowers will continue to wonder why their home loan interest continue to remain high despite the RBI cutting repo.
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Mr. Kantrowitz calculated the new rates using the federal government’s formula. student loans to take advantage of lower rates as you would with, say, a home mortgage. You can refinance federal.
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· The UK’s second-biggest steel producer is seeking an urgent £100m government loan after Theresa May’s failure to pass a Brexit deal left it frozen out of an EU-wide carbon trading scheme.