Housing Loan interest rate announcement

On 25 May 2023, the South African Reserve Bank announced their decision to increase the repo rate to 8.25%, up from 7.75%. 

This means that, based on the current repo rate, the interest rate ...

Housing Loan interest rate announcement

On 26 January 2023, the South African Reserve Bank announced their decision to increase the repo rate to 7.25%, up from 7%. 

This means that, based on the current repo rate, the interest rate ...

Housing Loan interest rate announcement

On 24 November 2022, the South African Reserve Bank announced their decision to increase the repo rate to 7%, up from 6.25%. 

This means that, based on the current repo rate, the interest rate ...

Housing Loan interest rate announcement

On 27 January 2022, the South African Reserve Bank announced their decision to increase the repo rate to 4%, up from 3.75%. 

This means that, based on the current repo rate, the interest rate ...

Housing Loan interest rate announcement

On 18 November 2021, the South African Reserve Bank announced their decision to increase the repo rate to 3.75%, up from 3.5%. 

This means that, based on the current repo rate, the interest rate on ...

COVID-19 CRISIS

TEMPORARY RELIEF FOR LIVING ANNUITIES

Dear Living Annuitant

The coronavirus (COVID-19) pandemic has caused widespread concern and economic hardship for South Africans and for people globally. To help lift your burden, we sent you a communication piece ...

Housing Loan interest rate announcement

The South African Reserve Bank, today, announced their decision to decrease the repo rate to 3.75%, down from 4.25%. 

This means that, based on the current repo rate, the interest rate on housing loans ...

Housing Loan interest rate announcement

The South African Reserve Bank has announced their decision to decrease the repo rate to 4.25%, down from 5.25%, effective 14 April 2020. This is the second rate cut in under a month.

The current global health emergency caused by the COVID-19 outbreak has led to widespread losses across global financial markets. This is a global phenomenon and South Africa is no exception. Many investors from around the world, ...