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MUMBAI: As liquidity eases and inflation turns negative, Dewan Housing Finance Corporation on Friday said that it expects home loan rates to come down by 25-50 basis points in the near-term. “Interest rates will continue to remain low for some time. The re is sufficient liquidity in the system. Inflation has also turned negative. My perception is that home loan rates will come down by 25-50 basis points in the near-term,'' said Mr Kapil Wadhwan, Vice Chairman and Managing Director, DHFL.

Inflation stood at minus 1.61 per cent, for the first time in thirty years, for the week ended June 6 as compared to 0.13 per cent for the previous week and 11.66 per cent during the corresponding week of previous year. This might prompt the Reserve Ban k to cut key policy rates once again. A few bankers have already indicated that they might look at bringing down the interest rate further. – PTI

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