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

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

RBI MPC’s 3-Day Meeting Begins: What Is Expected On February 8?

RBI MPC’s 3-Day Meeting Begins: What Is Expected On February 8?

RBI MPC’s 3-Day Meeting Begins. RBI MPC Meeting: For almost a year, the Reserve Bank of India has kept the short-term lending rate or repo rate stable at 6.5 per cent RBI MPC’s 3-Day Meeting Begins: The RBI Monetary Policy Committee (RBI MPC), which is headed by RBI Governor Shaktikanta Das, on Tuesday started its … Read more

REMINDER: Interest rate announcement TOMORROW

REMINDER: Interest rate announcement TOMORROW

The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) will sit for its first meeting of the new year on Thursday, 25 January. FOR THE LATEST BUSINESS NEWS VISIT THE SOUTH AFRICAN WEBSITE It’s widely expected that the central bank to keep the repo rate at 8.25% while the current prime lending rate will … Read more