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A 25 basis point interest rate hike is expected this week when the South African Reserve Bank’s Monetary Policy Committee meets. This would take its policy Repo Rate from 6.5% to 6.75%, and Prime Lending Rate of major banks from 10% to 10.25%. This call has

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While some players in the residential property market have welcomed the Monetary Policy Committee’s decision to leave rates at they are (Prime at 10%), saying it will provide a stimulus to the first-time buyer market, FNB’s John Loos said it will do very little to

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Today’s Monetary Policy Committee decision to cut interest rates by 25 basis points, means bond holders on a R1m home, paid off over 20 years, now save R170 per month on their bond repayments. This is according to Herschel Jawitz, CEO of Jawitz Properties, who, along

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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

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