FNB property strategist John Loos says the past ten years in the residential property sector has been a rollercoaster ride.

“The March oobarometer continues to reflect the downward pressure on house prices and we expect continued pressure before some slight recovery toward the end of the year,” says Saul Geffen, chief executive of ooba (formerly MortgageSA).

Over the past seven years mortgage originators have not only created an entirely new home loan distribution channel for banks but have positioned themselves as one of the most influential segments in SA's massive R728bn (latest SA Reserve Bank figures) mortgage lending industry

South African Home Loans will kick off its investor roadshow to raise some R3bn in its fifth-ever issue of residential mortgage-backed securities