Well, it is a threat to the value of the dollar and you will now feel that republicans have unknowingly done the right thing. Obama was right as well but raising more funds would have crippled the dollar's value and this would have not been good for the companies around the world who are dependent on US. Have a look at one more point. However, now this bill has passed the entire obstacle and it is a law now.
Let us come back to HDFC. If you will look at the private banks then HSBC is certainly the number one bank. However, when you will look at the HDFC Home Loan then you will realize that it is also not bad either. However, there are some facts that you need to keep in mind and you will find them right here. You should try to know that for what period, you are being provided with the loan. If you are new to this deal then in that case the first time home buyer loans can be a tricky affair for you. It is important for you to fulfill the home loan eligibility criteria definitely. You will have to prove your plan and you will also have to prove that you can easily pay back the loan afterwards and this commitment is very important.
You will find so many EMI calculator for home loan in the market and they all are dam good. You can find out your EMI from any one of them. You will certainly find that the HDFC bank is quite good at the credit issue and if you are thinking of the home loan for bad credit then you are certainly wrong as this is impossible.
As far as the HDFC is concerned, it will provide you with the loan for around 5 to 20 years and you will also find that you are being provided with the reasonable EMI as well. If you will find yourself to be not serious then you might be cheated as well. If you feel that you need a low interest home loan then the HDFC bank is certainly a very good option for you and if you happen to be a potential borrower then rates like 11% is certainly not a big deal as it is quite low.