Good news coming for South African homeowners

Good news coming for South African homeowners

The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) will meet for the sixth and final time in 2024 on Thursday, 21 November – and there’s expected to be more GOOD news for those South Africans in debt. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content As reported by … Read more

Car Expert Shocked By ‘Worst Deal I’ve Seen In My Life’: $0 Downpayment, $499 For 427 Months

Car Expert Shocked By ‘Worst Deal I’ve Seen In My Life’: alt=

In a viral TikTok video, Miami-based car expert Jayden Bloom voiced his shock over what he called the “worst car deal” he’d ever encountered. The video reveals Bloom’s reaction to a woman who, thrilled with her new car purchase, disclosed that she had bought a Toyota Camry with zero downpayment. Yet, the real shock lay … Read more

How to save R415 000 on your bond by doing ‘nothing’

How to save R415 000 on your bond by doing ‘nothing’

One of the most effective ways to save money in the long-term is to pay off your home loan (bond) as quickly as possible, rather than over the full 20- or 30-year term. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content This is typically achieved in two ways: Keeping your … Read more

How much LESS a R2 million bond will now cost

How much LESS a R2 million bond will now cost

There was some good news for those looking to enter the property market – as well as those currently paying off bonds – on Thursday when the South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) cut the interest rate. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content As was … Read more

GOOD news for homeowners in South Africa

GOOD news for homeowners in South Africa

There was good news for South Africans looking to enter the property market – as well as those paying off bonds – on Thursday afternoon when the South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) elected to cut the interest rate. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content … Read more

How much save on R5 million bond over 20 years

How much save on R5 million bond over 20 years

The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) will meet in a little over 24 hours from now – and there’s likely to be some GOOD news for those drowning in debt. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content The meeting is scheduled for Thursday, 19 September … Read more

How much you’ll save on your bond after next week interest rate cut

Good news coming for South African homeowners

The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) will meet next week – and there’s likely to be some GOOD news for those in debt. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content The meeting is scheduled for Thursday, 19 September with the announcement due shortly after 15:00. … Read more

US VP Kamala Harris Outlines Plan To Trim Living Costs As It Remains Americans’ Top Concern

US VP Kamala Harris Outlines Plan To Trim Living Costs As It Remains Americans’ Top Concern

An August YouGov survey of over 1,500 US adults revealed that inflation and elevated prices were the most pressing issues for voters. Many were also concerned about the weakness in the US jobs markets and the overall economy. US Vice President Kamala Harris and former President Donald Trump are trying to win voters by focusing … Read more

Bank of Canada cuts key interest rate to 4.25%

Bank of Canada cuts key interest rate to 4.25%

The Bank of Canada lowered its key interest rate to 4.25 per cent on Wednesday, the third consecutive cut since June.  The central bank said the reduction comes after “continued easing in broad inflationary pressures.” The key interest rate was lowered by another 25 basis points, following a pattern established earlier this summer when rates were … Read more

U.S. inflation in July hits lowest rate in 3-plus years

U.S. inflation in July hits lowest rate in 3-plus years

Year-over-year inflation in the United States reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. Wednesday’s report from the U.S. Department of Labor showed that consumer prices rose just … Read more