
Navigating the changing interest rate landscape: a Nedbank home loan perspective
MAIN IMAGE: JP Viljoen, head of home ownership at Nedbank South African homeowners and prospective buyers have been navigating a turbulent financial landscape over the
MAIN IMAGE: JP Viljoen, head of home ownership at Nedbank South African homeowners and prospective buyers have been navigating a turbulent financial landscape over the
Will the MPC finally give the property market a break in the shape of a repo rate cut this September? Sharing his insights at REIS 2024, economist Dr Roelof Botha believes so.
The Reserve Bank’s MPC elected to leave the repo rate unchanged at 8.25%; what are the implications for the property market? Industry leaders weigh in.
The current increased levels of inflation, high interest rates, stagnant global and local economic growth combined with high unemployment, have led to deliberations between experts that South Africa might be heading towards a period of economic stagflation.
Despite a slowing momentum, market volumes are still running above pre-pandemic levels.
There is a very real danger that the series of recent rates hikes, while coming off a very low base, will slow impetus across the property sector.
Interest rates continue to climb following the latest announcement late last week by the Monetary Policy Committee (MPC).
South Africa’s real estate industry welcomed the rates cut and urge home owners to save any savings brought about by this for future investments.