n Personal Finance Newsletter - Is it time to fix your mortgage bond rate? : property

Volume 2006, Issue 308
  • ISSN :



Extracted from text ... Moneyweb's PERSONAL FINANCE August 2006 3 PROPERTY THE recent interest rate hike has sparked some jitters in the property market, and many homeowners may be wondering if it is a good idea to convert their existing floating rates on their home loan to a fixed rate. Is it time to fix your mortgage bond rate? Not yet, say property experts. By GAYLYN WINGATE-PEARSE in interest rates to justify a fixed rate. Most banks offer floating mortgage rates of around 9% (prime less 2%), and anything around 12% or 13% for a fixed rate. "The South African Reserve Bank (SARB) ..

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error