Did you know that South Africa’s interest rates have officially returned to pre-COVID normality? After a rollercoaster of emergency cuts, rapid hikes, inflation spikes, and
The South African Reserve Bank (SARB) has decided to keep the repo rate unchanged at 7.5%, meaning the prime lending rate in the country will
The recent interest rate cut offers significant savings for homebuyers. Find out what you can save when applying for a higher bond. Summary of Key
Article Synopsis: High interest rates lead to reduced home prices and decreased competition. Lower interest rates boost demand and can enable profitable home sales. Experts
Your credit score, a three-digit number between 000 and 999, plays a crucial role in determining your financial credibility and risk assessment. It is a
Coping with the challenges of bond repayment might seem like a nightmare, but there’s no need to panic. Rest assured, there are viable options available
The interest rate holds significant importance when purchasing a home as it determines the minimum monthly payments for your mortgage, directly impacting your cashflow and
Yes, the higher your deposit, the less risk you are for the bank. A higher deposit improves your chances of securing a more favourable interest
38% of bank approvals are currently subject to a lower offer – there is therefore an increasing need for homebuyers to have a deposit available for
Do you prefer to have everything mapped out exactly when planning your budget, or are you happy to allow a little room for uncertainty, in
It’s worth the effort to shop around for the best deal, as some banks may offer you better interest rates, and a higher chance of
The prime interest rate is currently at its lowest level for five decades, making this a good time for homeowners and home buyers. Article summary
