Property Advice & Tips
Consumers are feeling the strain as interest rates continue to rise
The recent announcement by the Monetary Policy Committee (MPC) to increase the repo rate by 50 basis points to 8.25% has left debt holders struggling to manage their finances. The prime lending rate is now at 11.75%, the highest it has been since 2009. Morné Prinsloo, a local Roodepoort area Read more…