Most home loan providers in South Africa lend money based on the Prime Interest Rate and have been forced to increase their rates due to the consistent rise in prime rates over the past 6 months.
SA Home Loans (SAHL) is not a bank, they are Home Loan specialists and their lending rates are based on the JIBAR rate (definition). SAHL rates are at times offered at less than the Prime lending rate...
SA Home Loans News: SA Home Loans is currently the only non-bank provider of Home Loans in South Africa. The company is also the only mortgage provider that does not have any agreements with Mortgage Originators. SA Home Loans Chief Executive, Kevin Penwarden, has questioned how Bond Originators can claim that they find you the [...]
Home Loans Tips: Interest Rate Options As you know the single most important aspect of your home loan is always going to be the interest rate you receive. The slightest difference in your rate could be over ten thousand rand difference in the size of your mortgage. So when applying for your home loan is [...]