RE/MAX logo

FINANCING Interest Rate

HOW TO GET THE MOST OUT OF THE STABLE INTEREST RATE

While it is great news that the interest rate has remained stable, the question is, what should you do to get the most of it? The answer is simple: while interest rates remain at 10.25%, homeowners could prepare for the possibility of higher interest... Read more

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