{
  "id": 13886570,
  "title": "Repo rate hike: How to reduce your home loan burden",
  "url": "https://urgent.news/2026/10/12/repo-rate-hike-how-to-reduce-your-home-loan-burden",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T01:00:00.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/borrow/rbi-repo-rate-hike-how-home-loan-borrowers-can-reduce-emi-and-interest-burden/articleshow/134847230.cms"
  },
  "original_language": "en",
  "account": "Home loan borrowers in India are facing an increase in interest rates after the Reserve Bank of India raised the repo rate by 25 basis points on October 7th. This move aligns with the central bank's plan to tighten monetary policy in response to global trends. Around two-thirds of floating-rate loans are currently linked to the repo rate, meaning borrowers may see higher interest rates. The RBI has indicated potential further rate hikes of up to 75 basis points in the coming months. Existing borrowers should review their home loan interest rates and repayment plans, considering options such as increasing their Equated Monthly Installment (EMI), extending the loan tenure, or making lump-sum prepayments. Negotiating with lenders and switching to a bank offering lower rates could also help reduce interest costs.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}