Real Estate Investor Magazine December/January Edition 2024 | Page 122
By Neale Petersen
IThe South African Reserve Bank ( SARB ) recently reduced the prime lending rate by 25 basis points , bringing it down to 11.25 %. While the cut may seem small , it has significant implications for homeowners , buyers , and investors , offering potential savings and opportunities .
Financial experts urge property owners to take advantage of this reduction to optimise their finances and home loan repayments .
Finance
New Interest Rate Cut : owners should do now
By Neale Petersen
IThe South African Reserve Bank ( SARB ) recently reduced the prime lending rate by 25 basis points , bringing it down to 11.25 %. While the cut may seem small , it has significant implications for homeowners , buyers , and investors , offering potential savings and opportunities .
Financial experts urge property owners to take advantage of this reduction to optimise their finances and home loan repayments .