Monetary Policy Committee (MPC) on Thursday decided to lower the repo rate by 25 basis points to 7.50%, effective from 31 January.This was announced at the MPC’s press conference by SARB Governor, ...
Here is a look at how the recent interest rate cut in South Africa could impact your bond repayments and boost the housing market.
The South African Reserve Bank (SARB) has cut interest rates by 25 basis points, taking the repo rate down to 7,5% and the ...
The Reserve Bank governor warned that there are many global risks that will prevent the bank from cutting the repo rate again ...
For every million rand that you owe on a home loan for example, your repayments have reduced by around R500 since September last year.