By now I am sure that you have heard - interest rates are at their lowest levels in more that 50 years! That means that buying a home is more affordable than it has been for a long time.
Just look at the comparisons in the table below...
For the 4 years before 2020 the Prime interest rate averaged 10.25% - it is now 7% and the impact on the amount you qualify for is BIG!
New home buyers love Protea Glen. The first release of 463 homes sold out in under 12 months and now Cosmopolitan Projects has released a new extension that, with large stands, is sure to be another hit.
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...
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.
The 'SILLY SEASON' is here - so WHY NOT BE SMART?
You are increasingly lucky if you are one of the few who still gets a bonus or 13th cheque in this tough economic environment.
Use your bonus wisely and you could be well on your way to getting that home of your own in the new year...