Interest rates South Africa: Relief for Homeowners
The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to keep the repurchase rate unchanged at 8.25% (prime and base home loan rate 11.75%). This was announced by the Governor of SARB, Lesetja Kganyago, at a press conference held today, 25 January 2024. This announcement provides a welcomed respite for property owners and buyers across the country. […]