The prime interest rate in South Africa has fallen from 10.25% in May last year to 7.25% today. That makes it the lowest home loan interest rate since 1964! For you it could mean a great opportunity to check out what you can afford...
Buying a new home is a daunting task and with so much choice out there it is easy to lose your way and even worse, give up.
One way to narrow down your choices is to decide which suit you best, a new development or an existing home.
The key differences to note are:
Do you think home ownership is out of your reach because your salary is too low?
Well, with a FLISP subsidy, this could be your opportunity to get a home of your own.
Cosmopolitan Projects Johannesburg has launched its latest housing development, Mindalore Estate, which is centrally situated adjacent to the well established Roodepoort suburb of Witpoortjie.