Interest rate: BIG cut forecast means GOOD news for South Africans

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Interest rate: BIG cut forecast means GOOD news for South Africans
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The SA Reserve Bank's monetary policy committee will meet in November - and there's expected to be more good news for South Africans in debt.

The SA Reserve Bank’s monetary policy committee will meet in November – and there’s expected to be more good news for South Africans in debt.One of the most effective ways to save money in the long-term is to pay off your home loan as quickly as possible. Image by Pexels/Breakingpicin September. This represents the lowest figure since March 2021.That would mean lower monthly bond repayments – and good news for those looking to enter the property market for the first time.

That had represented a 15-year high and had several South Africans struggling to finance their debt.– on the assumption that there are no further rate changes during that period.Lincoln Raker was incarcerated at Pollsmoor prison from 2013 until 2016 and participated in the restorative justice programme while serving his time.

The City of Cape Town has announced the date for the popular and much-anticipated Festive Lights Switch-On 2024. Here are the details… Only time will tell how successful Kaizer Chief’s Nasreddine Nabi will be, but the early signs point towards the right trajectory.

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