Debt-strapped citizens are taking short term loans to ‘balance’ cash flow as wages fail to keep up with the cost of living
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Rising electricity prices, power outages, increasing awareness of the need to reduce greenhouse gas emissions and decreasing solar technology costs are driving the rooftop solar market in South Africa
The volume of new mortgage applications reached multi-year highs amid record low interest rates
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Low interest rates are seeing tenants become homeowners and putting landlords under pressure
Residential property prices have declined in a big way over the past seven years and there is an increased demand for rental properties as a result.
Financial institutions, backed by the state, are increasingly catering for this fast-growing market, writes Lisa Steyn.
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/ 18 January 2012
An increasing number of home buyers these days are single and there are some special considerations for such buyers to take into account.
Homeowners with mortgages can take up offers not seen in the market for a long time.
Implementation of Basel III will make it more expensive for potential buyers to get home loans.
The new mortgage default insurance is due to go a long way in addressing the housing finance needs of the low to middle income households in SA.
I want to consolidate my debt and apply for a home loan. How do I go about doing it?
Highest number of bond approvals recorded last month since October 2008.
Women are changing the face of the historically male-dominated property market.
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/ 19 October 2010
Does it make financial sense to opt for a single account for your mortgage, credit card and day-to-day banking?
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/ 28 September 2010
Should I buy a home with my inheritance or take out a mortgage and invest the inheritance in equities?
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/ 23 September 2010
Why, if you can pay off your car over five years, can’t pay off your mortgage over the same period and save hundreds of thousands in interest?
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/ 7 September 2009
Banks are working more closely with clients to try and restructure home-loan payments rather than to repossess.
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/ 23 September 2008
Despite the economy slowing down and high interest rates, SA’s first-time home buyers stand a good chance of having their home loans approved.
FNB and the banking ombudsman have agreed that FNB’s criteria for reassessing some home loans are ”fair and equitable”.
FNB says it is not withdrawing already approved bonds, but rather ”reassessing” those bonds where homes have not yet been transferred.