New Africa

29/08/2025

26/08/2025

04/08/2025

Why are we not talking about this more? 😆

📉 Big news from the SARB! Not only was the repo rate cut by 25 basis points to 7%, but the Bank also announced a new inflation target of 3% (down from its previous target of 4.5%). This shift aims to anchor lower inflation expectations, boost economic stability, and potentially lead to even lower interest rates in the future.

A stronger rand, lower borrowing costs, and more predictable pricing could be on the horizon - but it all depends on smart ex*****on and fiscal reform.

🔍 Read more: https://www.phoenixbonds.finance/Insights/entryid/1996/sarbs-new-inflation-target-and-its-potential-effects-on-the-sa-economy

14/07/2025

An access bond functions as a tax-free savings account and a low-cost line of credit by allowing extra deposits into your home loan.

Key benefits include:

Instant interest savings
Anytime access to funds
Tax-free returns
Lowest borrowing interest rates
No additional fees or paperwork

This flexibility is ideal for renovations, emergency funds, or side hustle investments.

Read the full article: https://www.phoenixbonds.finance/Insights/entryid/1973/why-an-access-facility-on-your-home-loan-is-the-smartest-way-to-save-and-borrow

21/06/2025

An interview between our very own Gary Bradfield and Byron Thomas of BT Properties () For assistance with you...

06/06/2025

🤩🤩

04/06/2025

30/05/2024

~ INTEREST RATE ANNOUNCEMENT

As predicted by many economists, the decision to keep interest rates stable today was unanimous amongst the MPC members.

With inflation in April at 5.2% and only down slightly (from 5.3% in March), the SARB is still aiming to steer back towards the midpoint of its 3-6% target.

We hold on for the next announcement in July to see where we land after the dust of the election results have settled…

29/05/2024

~ KEY ELEMENTS OF A SALE AGREEMENT

When applying for your bond, we need the "4Ps" as minimum required information to apply for and conclude your home loan application. These are also the key elements that make a sale agreement valid.

For expert advice and personalised service on your home loan, get in touch with one of our experienced consultants today:
https://www.newafricabonds.co.za/Get-Started

28/05/2024

~ MORTGAGE INTEREST CALCULATIONS

It's always a good idea to request the mortgage amortisation schedule from your Home Loan Consultant. This will tell you exactly how much principal and interest you will be paying in each monthly repayment, as well as the total interest paid over the life of the loan.

We can also show you how much you'll be able to save by paying off your home loan sooner. Get the best advice from the experts and then make informed decisions.

Contact us for FREE home prequalifications and advice.

27/05/2024

~ ALWAYS AIM FOR PRIME MINUS!

The average rate difference between our initial offers is 60bps (0.6%) - and that's even before we start the negotiations.

A 0.6% reduction in your interest rate on a R1.5M bond could save you a total of R185,467 in interest charges over 20 years.

You really can’t afford to work with anyone else.

24/05/2024

~ SMALL HOLDINGS

We are able to obtain finance for small holdings, however its important to be aware of the criteria that to be met by each bank. The best place to start is with one of our experienced Home Loan Consultants.