Bond Equity

ABSA Home Loans Shocker: who will be affected

ABSA Home Loans Shocker: who will be affected

South Africa’s largest mortgage provider, ABSA Home Loans, announced recently that it would restrict access to the extra funds available in the Bond Accounts of some of their clients. Just less than 17% - about 130 000 - of ABSA’s home loan clients, who use the 261 flexi facility, will be affected by this decision. [read more ...]