On March 25th, 2010 the South African Reserve Bank (SARB) cut interest rates by 0.5%.The prime rate moved from 10.5% to 10%. The Prime Interest Rate is used by the major banks on their home loan products. How Does This Interest Rate Cut Affect Your Pocket?
While this may be a great time to be buying property, securing a home loan can be your biggest obstacle. Here are the three keys to securing the home loan you need - PLUS 1 Bonus! [read more...]
The wonderful thing about having several ways to manage your finances is that you only need one of them to work for you to break free of bad debt, and turn a tough situation into a successful one.
Every Rand that you are able to invest into your Home Loan is like a small soldier / builder that is just waiting to begin earning you more money. If every Rand you invest is like your personal employee [who specialises in making more money] you should have thousands of 'employees' waiting in your Homeloan - looking for work. Now for once you’re able to reverse the roles, and begin to make your HomeLoan work for you!
You can own any property your want! The process begins with knowing what it is you really want. And once you identify the basic requirements of owning that new home, and start believing that it can be possible - your actions will naturally draw you closer to owning your dream property.
Property and SA Homeloan tips: Owning property in South Africa is not as difficult as most would believe. All it takes is some determination, and the will to align yourself with what is required of you to secure the
Home Loan Advice: everything you ask for, you will receive Previously I explained that the first step to getting a homeloan and owning a new property is to: Find out what it is you really want. Make sure you have a clear picture in your mind of that new house you want to live in. [...]
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