This is not an article about finding an extra couple of hundred bucks and putting it into your bond each month. It is not about moving your debit order from the 1st to the 25th, or putting half your annual bonus into your home loan.
The Monetary Policy Committee met for the last time in 2017 and, as expected, left the repo rate at 6.75% (prime at 10.25%).
Not even a slowing inflation rate of 4.8% was enough to convince the bank to a 25 basis point cut, citing uncertainty in
This is the story of a man who owned a few properties all across the land: two-bedroom cottages, three-bedroom homes and large, old four-bedroom homes with garden flats. This man had been the lord of these homes for many years, which meant he thought he
Should you invest in equities or put all your extra cash into your bond? Stealthy Wealth, a blog site run by an embedded software engineer with degrees in electronic engineering and IT, who is on a mission to retire by the age of 45, answers a
Average house price growth is forecast at 3% for 2017, and when adjusting for inflation (at current consumer price inflation of 6.5%) is expected to decline to -3.5%. This is according to John Loos, household sector strategist at FNB, who anticipates 2018 to be the
Yesterday’s Monetary Policy Committee meeting saw the repo rate hiked by 25 basis points, pushing it up from 6% to 6.25%. This means the base home loan rate is now 9.75% (from 9.5%).
The residential market is split in its opinion on the rate hike, with
Housing Consumer Price Index (CPI) remains the key “troublesome” part of CPI inflation (although many of its components were not surveyed in October), but perhaps of more concern is that the lower income groups continue to have higher CPI inflation, says FNB Home Loans household
It’s interest rate decision week again, and while FNB expects an unchanged decision, there are a few good reasons why it would probably be a good idea for the SARB to keep on nudging rates up slowly, argues FNB household and property sector strategist John
One of the best pieces of advice you can get when buying your first home is to choose a property that costs considerably less than your maximum loan approval amount, according to Shaun Rademeyer, CEO of BetterLife Home Loans, SA’s biggest mortgage originator.
Why? “Because home