Team-BHP - View Single Post - Are loan interests going down ? Floating rate is worth of?

neo_trace · 30th September 2007, 13:01

My cousin is @ to buy a new civic
when he asked icici ..they told 11.75%
my cousin same is getting 10.5 % and floating rate from BOB
I intended to buy new safari 2.2

point is Floating Rate of interest is worth or not?
Interest rates are going down ?

30th September 2007, 13:01	#1 (permalink)
neo_trace BHPian Join Date: Jul 2006 Location: surat,gujarat Posts: 129	Are loan interests going down ? Floating rate is worth of? My cousin is @ to buy a new civic when he asked icici ..they told 11.75% my cousin same is getting 10.5 % and floating rate from BOB I intended to buy new safari 2.2 point is Floating Rate of interest is worth or not? Interest rates are going down ?