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FINANCING Interest Rate

MPC BUYS CONSUMERS MORE TIME

South Africans avoid any further tightening of their purse strings this afternoon following the announcement by the Monetary Policy Committee (MPC) of 2018 that interest rates would remain unchanged. The prime lending rate thus stays at 10% and the r... Read more

HOW DO INTEREST RATES AFFECT THE PROPERTY MARKET?

Why is the interest rate so important for the South African property market and homeowners? Well, the fact is that there are only a handful of people in this country who can buy a home with cash. Most homeowners and potential buyers are loan-depen... Read more