By hiking interest rates, the Reserve Bank wants to cool down inflation by suppressing demand in the economy. This is how the new prime lending rate of 9% will impact... read more →
The latest edition of the FNB Residential Property Barometer's key themes include: • Market volumes remain relatively supported, but softening. Sentiment and forward-looking activity indicators suggest more weakness ahead. However,... read more →
The once- off subsidy amount has been increased, It now ranges between R30 000 and R130 504 depending on the applicant’s monthly income. HOME LOAN NO LONGER THE ONLY FINANCIAL ASSISTANCE REQUIRED... read more →
This table shows how the latest increase to 8.25% impacts your home loan repayments.
As previously predicted by market experts, the repo rate was increased by 50 basis points and is currently standing on 4.75% which brings the prime rate up to 8.25%. This... read more →
Disclaimer: this article was supplied by our Relationship Manager at FNB FNB understands the importance of saving and budgeting, so you have the option to get a Fixed interest rate.... read more →
In the aftermath of the past 2 years’ economic devastation, consumers are now also being warned that the world’s current volatile geopolitical situation may have a significant impact on fuel... read more →
Applying for a home loan can be a daunting experience, especially because there’s so much at stake. Like most home buyers, you are probably unsure about how the process works... read more →