Housing Loan Interest Rate announcement

14th April 2020

By Laylas



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.

This means that, based on the current repo rate, the interest rate on housing loans issued by the Fund will reduce from 7.25% to 6.25%.

Members with housing loans will receive specific communication regarding the change in the interest rate.


For further information, contact the Fund by sending an email to

Finance, Home Loan, Personal Finance


Be the first To comment on this article and have your say below.