If you’re considering a mortgage (home loan) right now, you’re entering a market shaped by significant shifts. The RBI’s repo rate cut to 5.5% in June 2025 triggered major banks to lower their home loan rates. The Economic Times As of July 2025, some PSU banks’ rates begin at 7.35%. Business Standard

What’s driving the market?

• Lower borrowing costs mean better affordability; for example a Rs 1 crore loan over 20 years may see monthly EMI drop by over Rs 3,000 due to the rate cut. The Times of India
• But banks remain cautious: some like SBI have raised upper rate bands to 8.70%. mint
• Non-bank housing finance companies (HFCs) are offering aggressive rates (~8%) to attract self-employed or non-traditional income borrowers.

What you should do before proceeding

• Use EMI calculators to test your affordability under different rate/tenure scenarios.
• Check whether the lender passes on the rate cut (or will in near term).
• Verify details like processing fee, lock-in clauses, prepayment charges.
• Decide if you want a floating rate (linked to benchmark) or fixed rate (predictable EMIs but possibly higher cost).
• Have a long-term plan: house ownership, maintenance cost, resale potential and repayment strategy.
• Consider top-up loans later or balance transfer if better rates emerge.

For the broker/platform like yours
Help prospective borrowers by comparing across banks/HFCs, highlighting current lowest starting rates, showing impact of rising upper bands, and advising on how borrowers can leverage rate cuts or transfer options.

Conclusion
If you’re still planning for a mortgage loan in India in 2025, you’re entering a favourable but still nuanced environment. Lower rates bring opportunity—but only if you act smart: comparisons, profile readiness, strategy and long-term planning will determine whether you make a wise investment or commit to burdensome debt.