But first, here is the lowdown to help you understand the options available

Lending rates have fallen notably over the past one to two years. If you have been looking to buy a home, it is no doubt a good time to lock into attractive rates now. But after lowering its key policy rate by 200 basis points since January 2015, the RBI chose to hold rates in the recent monetary policy. In fact, given the recent uptick in inflation, the possibility of rate hike by the US Fed, and...