A mortgage originator can give you a pretty good idea of what you can afford before you start house hunting. But how can you be sure that the information is relatively accurate weeks (or months) later?
Taken from the Mortgage Max newsletter of 29 March 2019. The Monetary Policy Committee (MPC) of the Reserve Bank has once again decided to leave South Africa’s repo rate unchanged […]
Not all credit is created equal! Home loans can be used to build wealth other types of credit? Not so much…
Is your home a safe store of wealth? Is there such a thing as too much home improvement?
We look ahead at what the year might have in store…
Late and failed payments might cost you BIG in the future.
Perhaps Minister Gordhan’s conservative budget belies the power he is exerting behind the scenes? If he truly has real control over the finances of the country he is carrying a big stick indeed.
While owing money is never great not all debts are created equal.
It is a gloomy forecast…
Currently South Africa is running at a budget deficit of around 4% of GDP. Government debt stands at 46% of GDP and continues to grow. Our growth rate is sluggish […]
Oil has placed a downward pressure on inflation which means there is no big reason for the SARB to increase the repo-rate
Government hopes the new Credit Amnesty will be a boon but the banks say it will be lead to a credit crisis. Find out why.