SARB cuts the repo rate by another 100 basis points - second time in less than a month.
Good news for Property Buyers!!
The SARB has further to the 100 basis reduction in interest rates on 29 March 2020, reduced the interest rate by a further 100 basis points Today!!
Current South African Prime interest rate is now a 6 year low 7.75%. The SARB is forecasting further reduction in the repo rate to continue over the next 18 months
This means that you Could now Buy Your Own place at the same monthly installment that you are currently renting for.
It also increases the ROI should you buy a place as an Investment.
Contact Us Today to see what we have available to buy (Midrand / Centurion / Pretoria East - The Blyde) and to assist to get you pre-approved by on of South Africa's major banks.
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https://www.youtube.com/channel/UCDI00nPjbyxAyKBfwU-3Yhw WhatsApp us on the following link https://wa.me/27605587827?text=REPO Email us on johanv@onlyrealty.co.za Contact us via our Facebook page Johan & Heleen Property Sales & Rentals - Only Realty Synergy Midrand Click here to read the article on the cut in the repo rate on Moneyweb's page
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