Home loan interest rates stable, says LIC Housing Finance

LIC Housing Finance said home loan rates have not yet peaked but felt there was no asset bubble in the making as housing demand was real, according to a PTI report. "Interest rates have no doubt been stable during the last two or three months. But it has not reached the level of 13-14 per cent as witnessed in the past. The rates have not peaked yet," LIC Housing Finance Director & CEO S K Mitter said.