Wealth Creation Jenny Rushin, Betterbond National Development Manager
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It’s an unusual time for the property market. Last year saw the repo rate behaving unlike ever before - five cuts and record lows.
● The South African Reserve Bank’s decision in January to hold the repo rate steady at 3.5%, has kept the prime lending rate at 7%, which means that aspirant homebuyers still have an opportunity to make the most of the historic low rate.
● The South African Reserve Bank’s decision in January to hold the repo rate steady at 3.5%, has kept the prime lending rate at 7%, which means that aspirant homebuyers still have an opportunity to make the most of the historic low rate.
