Tag: prime lending rate
Nedbank interim results and dividend declaration for 6 months ended June...
The operating environment during the first 6 months of 2024 was challenging and economic activity remained weak, impacted by geopolitical uncertainty, high interest rates, persistent inflation and general uncertainty ahead of the national elections in South Africa (SA).
Shedding light on hidden costs of homeownership
Purchasing a home is one of the most significant financial decisions most people make in their lifetime. This requires careful consideration and planning, especially in today's economic climate, where interest rates are skyrocketing, and income is not set in stone.
All you need to know about the repo rate
The South African Reserve Bank recently announced that it is holding the repo rate steady - but what does this actually mean for property owners, and why should prospective buyers care if the repo rate falls or increases?
