n Personal Finance Newsletter - Time for agents to cut commissions : property
|Article Title||Time for agents to cut commissions : property|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Dec 2009|
|Pages||13 - 14|
South Africa's new Reserve Bank governor, Gill Marcus, ruffled feathers when she announced that the Monetary Policy Committee (MPC) decided to leave the repo rate unchanged last month. The repo rate guides commercial bank rates, and many property owners were hoping that interest rates would be chopped yet again.
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