Reliance is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. It is the largest publicly traded company in India by market capitalization and revenue. Reliance shares have seen consistent growth since its listing on the stock exchanges in 1977. The share price of Reliance has consistently been higher than the benchmark stock index of the National Stock Exchange, the Nifty 50. Reliance shares have been on an uptrend in the past five years, with strong gains seen … [Read more...]
How to buy Ethereum in India in 2023?
Ethereum (ETH) is a blockchain-based distributed computing system that facilitates the creation and use of smart contracts. It provides a decentralized virtual machine (Ethereum VM) which can run scripts using an international network of nodes. It also offers its own cryptocurrency called "ether" which is used to pay for computations carried out on its platform.Ethereum provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international … [Read more...]
Home Equity Loan Rates vs. Mortgage Rates: Which Are Lower?
Home equity loan rates and mortgage rates are both measures of the interest rate that a lender charges to borrow money. These are both important factors to consider when taking out a loan, as they will affect the total cost of the loan over time. Home equity loan rates vary between lenders, but generally are lower than mortgage rates. Home equity loans are typically secured against the value of your home, giving the lender more security. This allows for lower rates since the lender is less … [Read more...]
What Is a Mortgage? How do they work? What are the Types?
Mortgage is a loan used to buy a house. It is a secured loan, backed by the property being purchased, and lenders require borrowers to make monthly payments over a predetermined period of time (usually 15 or 30 years) in order to pay off the loan. During that time, the lender holds a lien on the property, meaning they have the right to take possession of the property if the borrower defaults on their loan obligation. Mortgages require borrowers to put down a lump sum in cash—called a down … [Read more...]
What are 5 Cs of Credit?
The 5 C’s of credit are a method used by lenders to assess the creditworthiness of potential borrowers. These five factors consist of Character, Capacity, Capital, Collateral, and Conditions. They are: 1. Character This refers to the borrower’s reputation and trustworthiness. Lenders will look at factors such as past payment history, credit reports, and references to determine a borrower’s character. 2. Capacity This refers to the borrower’s ability to repay the loan. Lenders will evaluate … [Read more...]