if a person wanted a loan of rs 10 lakh
Many of these owners are also hurting financially. They are behind on mortgage payments, often in negotiations with their lenders on ways to modify their loan terms, write off a portion of their debt or do a short sale selling the house for less than the mortgage amount owed to a new buyer, with the lender forgiving the unpaid balance. Improvements in housing prices have largely bypassed these folks, as has the overall economic recovery in the last several years.. MUMBAI: Indian bond yields surged to their highest in more than five months on Friday as traders expressed their disappointment with the Reserve Bank of India (RBI) for not announcing a concrete bond buyback calendar to absorb additional market borrowing. The RBI kept rates steady at record low levels, as expected, on Friday and said it would maintain support for the economy's recovery from the pandemic by ensuring ample liquidity for markets. The government in its budget earlier this week announced an additional borr