Personal Finance Interest rates are rising. Should you transfer the home loan balance? Updated : August 17, 2018 07:31 AM IST The back-to-back hike in repo rates seems to be the start of a rising interest rate regime. Interest rates of loans will steadily go up for existing home loan borrowers as with all loans on floating rates. This will steadily increase their EMIs and upset their disposable income and savings rate. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.