| NEWSFLASH FOR ALL HOMEOWNERS IN HOUTBAY - CAPE TOWN [12/11/2008] |
| Newsflash...
We are very happy to announce that the Reserve Bank monetary committee has reduced the repo rate by 0.5%.
This bodes well for the property industry in 2009.
... read
more |
| Interest rate cuts in December 2008 [12/9/2008] |
| For your information, the South African Reserve Bank is not well known for cutting interest rates in December when it is normally a season of markedly higher levels of consumer spending, but the prime... read
more |
| New housing supply remains under pressure on the
back of slowing residential building activity in 2008 [11/28/2008] |
| Based on statistics released by Statistics South Africa, residential building activity has slowed
down markedly during the first three quarters of 2008 compared with a year ago. This came on
the bac... read
more |
| How to manage your credit score and buy property [11/13/2008] |
| Weak economic conditions, higher interest rates and the global credit crisis have forced banks to be far more picky about who they will lend
money and less generous with their lending rates.
Bu... read
more |
| Lowest nominal house price growth since February 1993 [10/15/2008] |
| In September 2008 nominal year-on-year house price growth in the middle segment
of the market dropped to its lowest level in more than 15 years. Nominal price
growth was lower in all three categorie... read
more |
| Latest oobarometer reports 3.4% annual rise in house prices [10/11/2008] |
| The latest ‘oobarometer’ price index, first launched by ooba (formerly
MortgageSA) in July this year, showed that average house prices have risen 3.4% in the month of September 2008, year on year.
... read
more |
| Residential property market slowdown intensifies. [10/9/2008] |
| ... read
more |
| By Cees Bruggemans, Chief Economist FNB
06 October 2008 [10/7/2008] |
|
It was a week of financial drama, with commonsense eventually prevailing as the US Congress approved the $700bn bank bailout. Even Europe started to bicker internally about its own $420bn "bank resc... read
more |
| HEREWITH TIPS TO REPAY YOUR HOME LOAN [10/1/2008] |
| Keeping your head above water – tips for repaying your mortgage
Interest rates have gone up from 10.5% to 15.5% since June 2006 which means that home owners are paying an additional R3 555 on an R1... read
more |
| PROPERTY YIELDS ON THE RISE [6/19/2008] |
| Another doors opens - This rings true for the faltering SA Property market where the demand for rental property has shot up as high inflation, interest rates and new lending rules put pressure of us ... read
more |
| Tito's torture transforms us all into subprime borrowers [11/2/2007] |
| South African Reserve Bank (SARB) governor Tito Mboweni is transforming creditworthy South Africans into subprime borrowers. With interest rates increasing by 3,5% over the past year, many South Afric... read
more |
| Old Mutual Bank joins Nedbank [11/2/2007] |
| Nedbank Group (NED) is to acquire Old Mutual’s (OML) 50% interest in Old Mutual Bank, which operates as a division of Nedbank. Old Mutual Bank will be integrated into Nedbank. Old Mutual Bank has been... read
more |
| Property pain: new stats [11/2/2007] |
| Sale in execution figures show who is being forced to give up properties as interest rates, inflation bite - and where you can find bargains. Rising interest rates and inflation are hitting ordinary h... read
more |
