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Here’s what the rate hike means for your home loan

Thread starter BusinessTech
Start date Nov 23, 2018

BusinessTech

BusinessTech Newsfeed

Company Rep

Nov 23, 2018

Here’s what the rate hike means for your home loan

For home-owners with bonds, the interest rate increases announced by the Reserve Bank on Thursday (22 November) will add at least R16,60 per R100,000 borrowed to their monthly repayment, according to bond originator, BetterBond.

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