n Personal Finance Newsletter - The rate cut and your pocket : interest rates
|Article Title||The rate cut and your pocket : interest rates|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||May 2010|
|Pages||12 - 13|
The South African Reserve Bank unexpectedly announced a 0.5% cut in the repo rate during March 2010, which means a drop in home loan payments, but on the flip side a cut in your cash interest rates.
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