Latest News & Developments
South Africans have been dipping into their retirement funds, thanks to the two-pot retirement system - and in that same vane - should you consider tapping into your home loan equity?
If you are in your late twenties and early thirties and are feeling the pressure to buy your first home, you can breathe a sigh of relief. You are not falling behind.
Homeownership can be significantly impacted by age, as it affects your ability to secure a home loan, but it can be done.
Households that are feeling the squeeze will have to find inventive ways to help make their budgets stretch further.
The Monetary Policy Committee is expected to keep interest rates unchanged, but what impact will that have on the SA consumers?
South Africans should batten down the hatches and prepare to pay more for electricity this winter.
It looks like women are leading in purchasing power when it comes to the SA property market.
According to Reserve Bank governor Lesetja Kganyago, it is possible that inflation will only drop to 4. 5% by the end of 2025.
With planning, financing your home does not have to be stressful.
After not being able to fulfil his initial desire to be a Chartered Accountant, this man fought through challenges and hurdles to eventually realise his true dream.
Economists, academics and property specialists forecast that the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) meeting on Thursday is set to increase the repo rate.
Repayments on a R1-million home loan taken over 20 years is expected to grow by over R1 000 if the interest rate were to reach pre-pandemic levels of around 10%.
Kevin Jacobs, the Broker of RE/MAX Cape Town in the Southern Suburbs, said the student accommodation market took a big hit with the pandemic.
Interest rate increases will not have a huge impact on home buying activity next year
The township property market has had pockets of hope since Covid-19 hit our shores.
’Prudent’ and ’accommodative’ are among the terms property players have used in response to the Monetary Policy Committee announcement that interest rates will remain unchanged.
Landlords and agents struggle in the sector, thanks to the affects of Covid-19, with many former tenants opting to buy property.
Record-low interest rates have been spurring first-time home buying around the country.