23/09/2026
📢 RATE ANNOUNCEMENT | 23 SEPTEMBER 2026
SARB raises repo rate by 25 basis points as inflation risks persist
The South African Reserve Bank (SARB) has increased the repo rate by 25 basis points to 7.25%, taking the prime lending rate to 10.75%.
The decision signals a more cautious stance from the Monetary Policy Committee (MPC) as it responds to continued inflation risks and uncertainty in the global economic environment.
While inflation has shown signs of easing from recent highs, underlying price pressures, global energy costs and broader international developments continue to influence the outlook.
The increase will add pressure to household budgets, making careful financial planning and home loan structuring increasingly important for homeowners and prospective buyers.
As MortgageMAX notes, an interest rate increase is never welcome news for borrowers, but perspective is important. Property decisions are long-term, while interest rates can change over time. The focus should be on affordability, careful planning and ensuring that every home loan is structured as effectively as possible.
📌 What this means for you:
The 0.25% increase may result in higher monthly bond repayments. Prospective buyers should factor the higher prime lending rate into their affordability calculations when considering a property purchase.
🏡 Thinking of buying, selling or restructuring your home loan?
Let’s chat about your options and make sure your property plans remain affordable.
Source: MortgageMax
Carmen Jacobs | 1 Stop Realty
📞 071 863 5199
📧 [email protected]
