According to the National Housing Bank (NHB), the interest rates on home loans might fall from January. Mr. Sridhar, Chairman and Managing Director of the NHB, said that the disbursal of home loans had been growing steadily and the rising interest rate had not affected it. In the last fiscal year, home loans grew at a healthy pace of 20 per cent. While disbursement by banks grew 14-15 per cent, loans from financial companies grew 24 per cent. "This year, too, the trend appears to be similar, but it is too early to form a definitive view," he said. The bank launched NHB Residex to monitor residential property prices in Delhi, Calcutta, Mumbai, Bangalore and Bhopal. Mr. Sridhar said that 10 more cities would be added in the next two months and over 60 cities would be covered over the next two years. This index would be refreshed every six months, which would give a good idea of property prices in the country and city-specific realty movement.