Governor Gill Marcus presented everyone paying either a mortgage loan or car loan with some great news yesterday , the MPC has cut the repo rate by 50 basis points (0.5%) reducing the rate to 6.5%.  The move was generally unexpected and took [...]

Everyone is holding thumbs that lower interest rates and optimism surrounding 2010 will help boost the local motor industry during 2010;
SOUTH AFRICA: NEW CAR SALES UP 20% IN JANUARY… physique NAAMSA uncover which a automobile marketplace grew by 15.5% year-on-year in January, yet a organization warned which Jan final year was unusually [...]

We survey the blogosphere to see what others are predicting for interest rates during 2010 ;
Lower Interest Rates Will Revitalise Property Market By 2010
In 2009, the direction of the property market is largely defined by what is happening globally as well as politically in South Africa.With the introduction of the National  Credit Act as well [...]

Buying your first home can be both thrilling and scary and getting your first mortgage loan  is usually part of the process. Obtaining a mortgage loan can be confusing and stressful for many people, especially if this is a new experience. Without a doubt your home, even if it’s a starter home, is and will [...]

You have found your dream home and everything seems perfect, now comes the crunch, How to come up with the cash for your new home? Buying a home is the biggest investment most of us will make during our lives, how to pay for this investment therefore requires some thought.
Depending on your financial situation you [...]

The National Credit Act (NCA) became effective on 1 June 2007. The objectives of the NCA are:

To create one set of rules for all credit activities
To prevent reckless lending by credit providers
To improve consumer rights for credit consumers.

These objectives are achieved by 3 Regulations used to protect consumers,
Regulation 1 - assessing the consumer’s ability to [...]

Its always a good idea to find out how much mortgage loan you qualify for before making an offer on an home , banks typically base this on your income and your current monthly expenditure which includes living expenses and debt repayments.
Before the implementation of the National Credit Act (NCA) in June 2007 banks and [...]

After a bad year for the property market many experts are predicting that 2010 will be a good year for the South African property market.
I have rounded up some of the best mortgage loan stories from the web and the blogosphere , especially those that be relevant to the South African mortgage market.
Nedbank [...]

Absa’s House Price Index confirms that house prices are still very weak in 2009 , however their analysts believe that the property market should start inproving during early 2010. According to the study for the period to June 2009 , house prices declined by 4.4% year on year and adjusted for inflation the real decline [...]

You have found your dream car and unless you intend paying cash for it you need to arrange for vehicle finance. Most vehicle buyers will use vehicle finance provided by a bank/finance company.