Homefair Homeloans

18/05/2020

https://www.fin24.com/Money/Money-Clinic/money-clinic-my-property-registration-was-sent-off-just-before-the-lockdown-do-i-still-have-to-pay-rent-20200425-2

A Fin24 reader who bought a property in December 2019 sent his registration papers off just before the lockdown was announced, which was unfortunately too late. A property law expert responds.

18/05/2020

https://www.fin24.com/Economy/sa-buyers-market-creating-opportunities-for-first-time-home-owners-20191222

South Africa is currently in the midst of a buyers' market, creating an opportunity for first-time homebuyers, according to bond originators.

26/10/2017

Been for a mortgage lately? Can you relate? -

Barry Hilton performing live on stage at The Atterbury Theatre in 2014

30/08/2017

The highest court in SA has found against municipalities for wanting to make people cough up for debts that aren’t theirs. -

The highest court in SA has found against municipalities for wanting to make people cough up for debts that aren't theirs.

20/07/2017

The South African Reserve Bank this afternoon announced a cut in the repo rate of 25 basis points, therefore the banks’ prime lending rate has reduced to 10.25%.

29/06/2017

Buyer’s Market

This is the flipside of a seller’s market and it means that the supply of properties for sale now exceed the demand. In this case, buyers can literally pick and choose from a range of similar properties and they can drive down prices. Properties will now also take longer to sell and offers tend to come in at below the asking prices.

In a buyer’s market, the focus tends to shift to market related pricing and if you are serious about selling, then you would need to set your asking price at the right level to attract buyer interest and offers.

21/06/2017

South Africa’s economy is like an underpowered riverboat on Congo River with more people jumping on at every stop and this is hurting property prices.

08/05/2017

If you've had difficulty trying to find a property to rent in Cape Town recently, this might explain why...

01/05/2017

How much money you save by paying off your home loan early

Many South Africans are making plans to get better control of their finances amid the political noise and the decision by two major ratings firms to downgrade the country to junk status.

28/04/2017

Nationally, the growth in house prices continues to be undermined by its underperforming key drivers.
For example, consider an important driver, the nominal value of residential mortgages granted, which has been shrinking (on a year-on-year basis) since the beginning of 2016. http://rode.co.za/house-prices-being-undermined-poor-performance-key-drivers

For example, consider an important driver, the nominal value of residential mortgages granted, which has been shrinking (on a year-on-year basis) since the beginning of 2016.

21/04/2017

Experts agree that South Africans will be facing higher interest rates soon. In order to keep or purchase a home, we will all have to reassess our spending habits.