The South African Reserve Bank (SARB) holds one of the most critical responsibilities in the country’s economy: setting the repurchase (repo) rate. This key number influences the interest rate at which money is loaned to businesses and individuals, which in turn is a driver of economic growth by facilitating investment, consumption and job creation.
Buying your first home is an exciting milestone, but it can also be overwhelming, especially when comparing different home loan offers from banks. Each bank presents slightly different packages, terms and perks that can have a big impact on your immediate affordability and long-term financial health. Here’s what you need to know to make an informed decision.
We’re halfway through 2025, and if one of your big goals for the year is to buy a home, now is the perfect time for a quick reality check at what’s holding you back. Whether you’re a first-time buyer or returning to the property market, checking in on your progress now can make all the difference between turning your dream into a set of keys in 2025.
