(Qies) Which rate is the best, considering the present situation, Whether Fixed Rate of interest or Floating rate of Interest?

(Ans) Ideally you should decide on whether to take a fixed or floating rate of interest based on your view on the long-term interest rates. In my mind, these are likely to go down over a 5 to 10 year period, and hence I would recommend that you take a home loan on a floating rate of interest.