Real Estate Investor December 2022/January 2023 | Page 84

INTEREST RATES

The Upside of Interest Rate Increases : Higher Returns on Your Home Loan

By Jackie Smith

As a potential homebuyer , seeing the ‘ upside ’ of interest rate increases may seem like an impossible prospect , but the same rate hike that increases the money you owe also increases the money in your savings account .

84 DECEMBER 2022 / JANUARY 2023 SA Real Estate Investor Magazine