Preparing for 2007

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 Read more…

No mercy for mortgage holders

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 Read more…

4 Things you should know about buying a new Home

Talking Home Loans – Mortgage Tips:

thinking.jpgA 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 best possible Mortgage Deal for your new property.

Here are 4 things you need to know about applying for finance for your new home:

1. Property Price
Before deciding to purchase a new home you need to consider its location relative to schools, transport, shopping centers. With this mind you then need to consider if the selling price is competitive. The local property market can be described as a Buyers market which means you currently have a lot of bargaining power.

2. What can you afford?
It’s very seldom that buyers are able to purchase a home without having to secure Home Loan finance. It’s therefore good to first find out how much you qualify for before you begin shopping around for you new home.
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Home Loan Basics

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 Loan Works
  • How to Secure Mortgage Finance
  • The best Types of Home Loans
  • Who will get you the Best Bond Deal

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Need extra cash for Christmas?

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 Read more…