Results for home loan

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Rate decision welcomed as first-property buyer's market booms
Rate decision welcomed as first-property buyer's market boomsArticle

The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is welcome news...

Samuel Seeff 2 days ago

Potential recovery scenarios as repo rate remains stable
Potential recovery scenarios as repo rate remains stableArticle

The Monetary Policy Committee's decision to keep the repo rate stable was not entirely surprising, as the 300bps rate cuts for the year to date are still taking effect...

Dr Andrew Golding 2 days ago

Residential property shift sees sellers extend buying pool internationally
Residential property shift sees sellers extend buying pool internationallyArticle

With no international travel permitted during the Covid-19 lockdown, properties in sought-after areas such as Camp's Bay and the Atlantic seaboard are now listed at a steal, says Grant Smee, MD of Only Realty...

16 Sep 2020

Sell fast - there's another real estate slowdown on the way
Sell fast - there's another real estate slowdown on the wayArticle

If you're a home seller, you should absolutely not withdraw your property from the market now in the hopes of selling it at a higher price next year...

Berry Everitt 15 Sep 2020

6 reasons why you should pay a deposit when buying property
6 reasons why you should pay a deposit when buying propertyArticle

Mfundo Mabaso, head of growth at FNB Home Finance, shares six reasons why paying a deposit is important when buying property...

11 Sep 2020

Tax tips for landlords
Tax tips for landlordsArticle

Owning a rental property portfolio that provides an income is much like owning a business. This means that there are tax implications and dues that need to be paid to the South Africa Revenue Service...

Adrian Goslett 9 Sep 2020

Avoid acting in haste. Rather sweat the assets you have
Avoid acting in haste. Rather sweat the assets you haveArticle

Rather than raiding retirement annuities and selling off a valuable property at a fraction of its worth, Gary Palmer, CEO of Paragon Lending Solutions, looks at the benefits of sweating the assets you have...

31 Aug 2020

Property market recovery: Shifts in renting to buying
Property market recovery: Shifts in renting to buyingArticle

As many challenges as Covid-19 has brought about, an equal amount of opportunities also exists...

Adrian Goslett 28 Aug 2020

How pre-qualifying for a home loan can support your offer to purchase
How pre-qualifying for a home loan can support your offer to purchaseArticle

There is a misconception that a 'pre-qualification' on a bond means you are guaranteed that a bank has approved a home loan up to a certain amount. This is not true. Nondumiso Ncapai Head of Product for Absa Home Loans explains...

Issued by Private Property South Africa 24 Aug 2020

South Africa's first eco home loan
South Africa's first eco home loanArticle

One of the key residential market trends in South Africa has been the move away from freehold homes into estate or complex living, largely because they offer increased security, and a sense of community...

Kerry Dimmer, Issued by Private Property South Africa 21 Aug 2020

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Slow new household formation likely to dampen residential rental marketArticle

The pace of new household formation is likely to slow during and shortly after the current recessionary period, constrained by a lack of new employment creation and widespread household financial pressure...

John Loos 21 Aug 2020

How to cut expenses from your budget
How to cut expenses from your budgetArticle

Dawie Roodt, chief economist at the Efficient Group, relates a story from many years ago, before he acquired all of his current financial wisdom...

Issued by Private Property South Africa 18 Aug 2020

Has Covid-19 triggered a fundamental shift in SA's housing market?
Has Covid-19 triggered a fundamental shift in SA's housing market?Article

The near-universal lockdown of global economies earlier this year as governments attempted to contain the coronavirus is unprecedented...

Dr Andrew Golding 18 Aug 2020

Tapping into your property's equity for an extra boost of funds
Tapping into your property's equity for an extra boost of fundsArticle

With the number of interest rate reductions this year, a home loan or 'bond' is starting to look like a really attractive option if you need to access a large amount of cash, and fast...

Kerry Dimmer, Issued by Private Property South Africa 18 Aug 2020

A home repossession is a last resort for Absa
A home repossession is a last resort for AbsaArticle

One of the emerging fears of those whose financial status has been seriously impacted by lockdown, is having their home repossessed by the bond holder...

Kerry Dimmer, Issued by Private Property South Africa 17 Aug 2020

First-time buyers jump at opportunity to own property
First-time buyers jump at opportunity to own propertyArticle

According to recent research from home loan originator ooba, first-time home buyers increased by 12% in June, with the average age of buyers being 34...

13 Aug 2020

How much each interest rate cut has saved property owners
How much each interest rate cut has saved property ownersArticle

At the current prime lending rate of 7%, homeowners can end up spending less on their monthly bond instalments than they would in rent...

3 Aug 2020

Rate cut welcomed as property rebounds on pent-up demand
Rate cut welcomed as property rebounds on pent-up demandArticle

The decision by the Reserve Bank to cut the repo rate by a further 25 basis points to 3.5%, reducing prime and the base home loan rate to a further historic low of 7% is welcome relief for the property market and households...

Samuel Seeff 24 Jul 2020

Home buyers responding to interest rate cuts
Home buyers responding to interest rate cutsArticle

The further reduction of the repo rate by 25 basis points to an all-time low of 3.5% takes the prime interest rate down to 7%...

Dr Andrew Golding 24 Jul 2020

What happens when your home loan payment holiday comes to an end?
What happens when your home loan payment holiday comes to an end?Article

A number of South Africans were offered home loan payment holidays by their respective banks at the beginning of the Covid-19 pandemic...

Tim Akinnusi 9 Jul 2020

How property markets are faring as global lockdowns ease
How property markets are faring as global lockdowns easeArticle

Now that the majority of countries are loosening restrictions, following Covid-19-related lockdowns which negatively impacted the global economy...

8 Jul 2020

Photo by Frédéric Soltan/Corbis via Getty Images
South African banks need to do more to ensure financial inclusionArticle

An analysis of financial inclusion in South Africa shows that affordability limits poor households' access to formal financial services...

Velenkosini Matsebula & Derek Yu 3 Jul 2020

Property market holding steady in challenging times
Property market holding steady in challenging timesArticle

The continued rise in home loan applications since lockdown restrictions were eased at the start of June suggests that a modest market recovery is under way, especially at the lower end of the market...

Carl Coetzee 2 Jul 2020

Money makes the world go round: Understanding financial behaviour in South Africa
Money makes the world go round: Understanding financial behaviour in South AfricaArticle

As South Africa, along with the rest of the world, strives to jump-start the economy after its unprecedented hiatus, Borderless Access shares the financial and banking behaviour of our citizens...

Issued by Borderless Access 24 Jun 2020

House prices falling despite increased demand
House prices falling despite increased demandArticle

According to Multinet Home Loans, the bond originator has seen an unprecedented increase in home loan submissions since the Level 5 lockdown in April...

23 Jun 2020

What's going to change in finances after the pandemic?
What's going to change in finances after the pandemic?Article

Despite the given current uncertainty caused by the coronavirus pandemic, it is possible to foresee some changes that are already taking place in the South African economy...

22 Jun 2020

Covid-19 lockdown: Early indications suggest property market recovery is likely
Covid-19 lockdown: Early indications suggest property market recovery is likelyArticle

Initial predictions regarding the future of the residential property market as a result of the Covid-19 lockdown painted a sombre picture...

Carl Coetzee 17 Jun 2020

5 things you need to look out for before buying property this year
5 things you need to look out for before buying property this yearArticle

The property sector, like all sectors, has not escaped the effects of Covid-19 and its impact can be felt in multiple ways...

Tim Akinnusi 11 Jun 2020

Covid-19 stress testing indicates resilience of largest SA banks
Covid-19 stress testing indicates resilience of largest SA banksArticle

Financial stress testing indicates that the largest South African banks are expected to remain resilient through the current period affected by the Covid-19 outbreak, even under severe stress scenarios...

2 Jun 2020

Real estate, home loan industry performs better than expected
Real estate, home loan industry performs better than expectedArticle

Currently under Level 3 lockdown, every sector of the South African economy has felt the impact of the Covid-19 pandemic...

Shaun Rademeyer 1 Jun 2020

Not all credit insurance policies are created equal
Not all credit insurance policies are created equalArticle

In many ways financial services institutions have stepped up to assist South Africans facing financial challenges due to Covid-19. One such option is for people with valid credit insurance policies to claim their benefits...

Anton Davies 28 May 2020

Repo rate reduction further incentive for savvy home buyers
Repo rate reduction further incentive for savvy home buyersArticle

The announcement of a further reduction of 50 bps in the repo rate will have a positive effect on the residential property market, albeit deferred until potential buyers can begin transacting in earnest...

Dr Andrew Golding 22 May 2020

Latest rate cut a possible foot in the door for first-time homebuyers
Latest rate cut a possible foot in the door for first-time homebuyersArticle

The fourth interest rate cut of 2020 is good news for consumers, but it could be even better news for those who have been renting for a long time and are looking to become homeowners...

Carl Coetzee 22 May 2020

#LockdownLessons: Disruption brings opportunity - here's what's happening in property
#LockdownLessons: Disruption brings opportunity - here's what's happening in propertyArticle

It is safe to say that almost every economic sector in the country has in some way been affected by the impact of the Covid-19 lockdown...

Carl Coetzee 18 May 2020

FNB, WesBank approve more than 500,000 payment breaks
FNB, WesBank approve more than 500,000 payment breaksArticle

FNB and WesBank have approved payment breaks on more than 500,000 credit agreements for nearly 150,000 individual and business customers since 1 April 2020...

7 May 2020

Proptech is disrupting the property industry - here's why it's a good thing
Proptech is disrupting the property industry - here's why it's a good thingArticle

While it's too soon to make accurate predictions on what the impact of the national lockdown and the global Covid-19 pandemic will have on the property market, it is sure to disrupt the industry...

Carl Coetzee 22 Apr 2020

Sellers, be ready to capitalise on pent-up demand post-lockdown
Sellers, be ready to capitalise on pent-up demand post-lockdownArticle

There is no doubt that the post-Covid-19 lockdown recession will weigh on the property market...

Samuel Seeff 14 Apr 2020

Going green at home
Going green at homeArticle

Private Property shares their tips on going green at home, and why it pays off for you...

Issued by Private Property South Africa 6 Apr 2020

Business as usual for banks during lockdown
Business as usual for banks during lockdownArticle

Banks will be open and your money will be accessible during the countrywide lockdown...

Issued by Private Property South Africa 3 Apr 2020

Align your home loan to a Covid-19 payment relief programme
Align your home loan to a Covid-19 payment relief programmeArticle

If your personal or business financial plan is in disarray as a result of SA's lockdown measures, this could be your solution....

Issued by Private Property South Africa 3 Apr 2020

Don't lose your home to the lockdown
Don't lose your home to the lockdownArticle

Many home-owners are worried about not being able to pay their bond instalments over the next few months as they face the prospect of reduced earnings...

Gerhard Kotzé 26 Mar 2020

Relief for SMMEs amid Covid-19
Relief for SMMEs amid Covid-19Article

The Covid-19 pandemic, which has been declared a National Disaster and has prompted a 21-day national shut down, is having catastrophic effects on businesses throughout South Africa and around the globe...

24 Mar 2020

Covid-19 unlikely to derail residential property market in long term
Covid-19 unlikely to derail residential property market in long termArticle

The question around the Covid-19 pandemic's impact on the property market is an important one...

Carl Coetzee 23 Mar 2020

Why keeping up your HOC is critical
Why keeping up your HOC is criticalArticle

If you are a home seller, it is essential to check that your property will remain insured during the time between the actual sale and the day it is transferred to the new owner...

20 Mar 2020

6 tips to go from renting to buying
6 tips to go from renting to buyingArticle

While many still opt for renting, it is a buyers' market and our current economic climate certainly lends itself to investors...

17 Mar 2020

For property investors it remains a buyers' market
For property investors it remains a buyers' marketArticle

Lightstone Property recently released their Residential Property Indices for March 2020....

11 Mar 2020

Private Property and Absa Bank announce new partnership
Private Property and Absa Bank announce new partnershipArticle

Private Property and Absa Bank have undertaken a strategic partnership agreement that will see the two major players collaborating to create maximum value for the South African property industry...

Issued by Private Property South Africa 11 Mar 2020

Looking to buy property? It's a good time to borrow
Looking to buy property? It's a good time to borrowArticle

South Africa is currently in what is termed a 'buyers' market', with more supply of properties than demand from buyers...

Tim Akinnusi 4 Mar 2020

Finding a fresh approach to car ownership with FlexClub
Finding a fresh approach to car ownership with FlexClubArticle

Tinashe Ruzane has always been fascinated by products that scale massively to support underserved customers...

Evan-Lee Courie 25 Feb 2020

2020 a potential 'make or break' year for SA's residential property sector
2020 a potential 'make or break' year for SA's residential property sectorArticle

This year's Budget Speech has been described as the most important in the past 20 years...

12 Feb 2020

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