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home loanslatest news & developments
Short-term or unsecured loans are not an evil to be avoided entirely. They can be good for consumers and the economy — when used responsibly.

How short-term loans could cost you your dream home

Frequent short-term borrowing can hurt your bond application because lenders see it as a sign of financial instability, even if you make repayments on time

Financial security is within reach with Discovery Bank’s game-changing Revolving Credit Facility

You get immediate access to pre-approved funds – with affordable repayments

SA consumers turn to personal loans, unsecured credit to survive

Debt-strapped citizens are taking short term loans to ‘balance’ cash flow as wages fail to keep up with the cost of living This content is restricted to registered users and…

‘Incredible growth’ in rooftop solar in South Africa

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…

Photo: Laird Forbes/Gallo Images

Unemployment and interest rate hikes predicted to hit property market

The volume of new mortgage applications reached multi-year highs amid record low interest rates

‘A bloodbath’: Property expert Zamantungwa Khumalo says Sandton rental prices have dropped. Photo: Waldo Swiegers/Bloomberg/Getty Images

Apartments stand vacant as people opt to buy

Low interest rates are seeing tenants become homeowners and putting landlords under pressure

The uncertainty created by the possibility of a coalition government
is putting people off big-price buys

House prices rise but property values decline in real terms

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.

Jo’burg’s inner-city rejuvenation is helping to plug the backlog in affordable housing and banks are implementing creative policies to deal with the risk of 100% bonds.

Banks focus on affordable home loans

Financial institutions, backed by the state, are increasingly catering for this fast-growing market, writes Lisa Steyn.

Single homebuyers leading the market

An increasing number of home buyers these days are single and there are some special considerations for such buyers to take into account.

Fix your home loan at 9%?

Fix your home loan at 9%?

Homeowners with mortgages can take up offers not seen in the market for a long time.

Why Basel III will raise home loan costs

Why Basel III will raise home loan costs

Implementation of Basel III will make it more expensive for potential buyers to get home loans.

New insurance to boost SA’s housing market

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.

How do I consolidate my debt?

I want to consolidate my debt and apply for a home loan. How do I go about doing it?

Banks continue to relax lending criteria

Highest number of bond approvals recorded last month since October 2008.

Sharp increase in single women buying homes

Women are changing the face of the historically male-dominated property market.

Opting for a single-transaction account

Does it make financial sense to opt for a single account for your mortgage, credit card and day-to-day banking?

When to pay off your home

Should I buy a home with my inheritance or take out a mortgage and invest the inheritance in equities?

Paying your home off in five years

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?

Downturn is levelling out

Banks are working more closely with clients to try and restructure home-loan payments rather than to repossess.

Not all doom and gloom for first-time home buyers

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.