Rates Are Unchanged, But You Can Still Lower Your Expenses

The South African Reserve Bank announced on Tuesday 22, September 2009 that interest rates will remain unchanged for the next few months, until the Monetary Policy Committee meets again later this year. If you are looking to buy a property soon, you may not find a better time than the present.

Consolidate debts to increase your cash flow

In response to the high cost of living the four major Banks – ABSA, Standard, FNB and Nedbank – have come out unanimously agreeing that homeowners should look to consolidate debts into one low interest account – their Home Loans.