Prime Interest Rate Cut to 10% in March 2010

2010-11-05T10:43:49+02:00March 25th, 2010|Home Loan Features, Home Loan News, Interest Rates|

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?