musiclover
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Posts by musiclover
New RBI home loan norms a dampener
Feb 17th
It’s going to get a little more difficult to buy a home. Home loan seekers will now have to fund about 30% of the total cost of a house from their own resources because the Reserve Bank has just mandated that banks should exclude stamp duty and registration charges while calculating the property value. More >
A combination of late state payments and anticipated capital expenses is prompting the Champaign-Urbana Mass Transit District board to increase its line of credit with two local banks to $10 million. 
The Commercial Real Estate Finance Council, which represents buyers and sellers of investments backed by commercial property loans, spent $150,000 in the third quarter lobbying the federal government, according to a recent disclosure report. 