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In the past 12 months, 6% of home loans granted were switches from one lender to another. This is according to Peter Swartz and Nondumiso Ncapai, heads customer interaction and business development at Absa Home Loans. There are many reasons why homeowners switch their mortgages from

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Missing a bond instalment to fund festive season spending can mean it takes at least four months to catch up. Missed home loan repayments rise on average by more than 10% in December; and there is an 80% higher chance of customers missing a January repayment once

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