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Posts Tagged ‘property market’

March 16 2010

Interest Rate Outlook 2010

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 as high interest rates, loans became …

South Africa keeps interest rates on hold at 7% - MarketWatch/FRANKFURT (MarketWatch) South Africa’s central bank decided on Tuesday to leave its repurchase rate unchanged at 7.0%. The decision was in line with market expectations.

South African inflation targeting to stay – Nene.
Opponents of the policy argue that efforts to contain inflation within the 3 to 6 percent target range have kept interest rates too high, adding to job losses during last year’s recession. The central bank raised interest rate by 500 …

South African Business - Standard Bank sees interest rates rising.
Posted by business on Thursday, March 4th 2010. Is it time to be cautious with debt or will it still be affordable? Read More on Moneyweb · Report This Post. Categorized in Uncategorized …

Sentiment appears somewhat mixed , but all experts agree that lower interests should play an important role in stimulating housing demand , resulting in a more robust property sector during 2010. We are also starting to see a slow uptick in new car sales - most agree that the economy has bottomed out.

January 15 2010

Mortgage Loans

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 Homeloans – Rumored To Be One Of The Best, But Are They …

In order to qualify for a Nedbank home loan, you must be a South African resident with a good credit record. Also, minimum monthly income requirements exist. Before you ever think about apply for a home loan, make sure you check your credit report. … The higher your credit score, the better home loan terms will be offered to you. You also want to make sure you have two or three months? worth of mortgage payments in the bank. These are called reserves. …

Everything About Loan | Solutions About Personal,Mortgage,and …

The significant growth that the RE/MAX Real Estate firm has experienced manifested in its development in Africa, Asia, Australia, the Caribbean, Central America, Europe, Mexico, New Zealand and South America. …

BANK REPOSSESSED PROPERTY AND MORTGAGE BOND | South African …

The answer is that once your have signed an offer to purchase, there is usually only a limited time available to secure a home loan, and the quickest and most effective way to do so is usually through a mortgage originator. …

How to secure a 100% Home Loan | SA HOME LOANS

How to secure a 100% Home Loan –>. Home Loan Tips: Which banks are offering are currently offering full 100% bonds? The four major mortgage providers in South Africa are: ABSA Home Loans; Standard Bank Home Loans; FNB Home Loans …