POSTED BY January 19, 2011 1:44 pm COMMENTS (4)ON
Am going to take housing loan but in dilema whether to go for a Housing loan with fix or floating rate of interest.
LIC housing Finance offered me fixed floating rate of interest 9.95% for first 5 years and 9.00% for floating rate of interest.
Considering the current market situation which will be the better option. If opted for floating rate how much it will vary in next 5 years ?
Please guide me.