Housing loan rates to rise: Your say

Pla ing to buy a house or take a personal loan? It is going to be more expe ive soon. The Reserve Bank of India has directed banks to set aside more capital to cover risks on advances to realty sectors and has raised repo rate by 0.25 per cent? to 7.50 per cent . The banks are likely to charge higher interest rates on loa  to builders to garner more capital. In short, loa  to builders will be hiked. The builder in turn will pa  on the burden to the customers. A repo rate hike is aimed at increasing the cost of retail and housing loa  to prevent overheating in these rapidly growing sectors. RBI has also?raised the standard provision for loa  to property developers from 1 per cent to 2 per cent. This is a signal to banks to slow down giving loa  to the booming realty market.So you will end up paying more for your dream house. Besides this, personal loa  will also be more expe ive. You will no longer enjoy freebies on your credit cards. Borrowing for buying shares too could become costlier.What are your views on the RBI's credit policy? Will the realty sector be hit by this move? Are you ready to pay more interest on your housing, personal loa  and let go of credit card freebies? Will these measures help curb inflation?Tell us your views.