In the first part of this home loan management series we explained that the first step to saving thousands on your home loan repayment is to pay off your HIGH INTEREST debts first. You may need to increase your existing mortgage to consolidate these debts into one low interest bond account. Once you’ve identified and [...]
Mortgage SA Home Loans Tips: In this 4 part series we take a look at the best tips to managing your mortgage and saving thousands on interest and other payments. The first step to cutting your mortgage repayment by thousands is not to begin paying extra into your bond every month, in fact for most [...]
We’ve just entered the year’s most financially taxing month – January. After the festive and holiday season spending spree most South Africans are faced with what seems like a mountain of debts to pay. Economists are already forecasting a year of increased interest rates and a slowing down of property price growth. We could also [...]
In a bid to curb consumer spending and household debt the South African reserve bank announced on 0.5% hike in interest rates. This is the fourth interest rate hike for 2006 bringing the current prime rate up to 12.5% HOW DOES THIS AFFECT YOUR HOME LOAN? Repayments on a bond of R750 000 would have [...]
Talking Home Loans – Mortgage Tips: A part from being a good financial investment, property ownership is also about raising families and building a future for your family. Your home is often the biggest financial commitment we’ll have to make and it’s for these reasons that you need to be sure that you’re getting the [...]
Your home loan is one of the biggest finance responsibilities you’ll ever have so it’s important to make use you’re getting the BEST BOND deal. You’re about to find out everything you need to know about South African Home Loan Finance in just A Few Seconds. Home Loans – The Break Down How a Home [...]
SA HomeLoan Tips: With the festive season fast approaching, you’re most likely preparing for a few weeks of big spending. Whether it is for gifts or holiday trips most people look towards their credit cards and personal loans to finance these expenses – this is often a huge mistake. We all know that personal loans [...]