Repo rate to hold but a rate hike could be around the corner
The South African Reserve Bank (SARB) is set to hold the repo rate at the 18-20 May meeting, according to a unanimous vote by 21 economists on Finder’s repo rate forecast report.
Still time to bond as economist says modest interest rates hike likely only in 2022
After the five aggressive repo rate cuts last year that dropped the prime lending rate to a historic low of 7%, homeowners and aspirant buyers have been holding their breath, waiting for the pendulum to swing the other way in 2021.
Historically low interest rates still represent a buying opportunity for aspirant first-time home owners, says Dr Andrew Golding
With South Africa’s inflation rate below the lower limit of the inflation target at 2.9%, and local inflationary expectations remaining well-anchored, it was expected that the Monetary Policy Committee would keep the repo rate unchanged, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
Repo rate holds steady as demand for residential property grows by 35%
South African home buyers can look forward to a few more months of record-low interest rates as the Monetary Policy Committee has once again opted to hold the repo rate steady at 3.5%.
Repo rate unchanged at 3.5%
The Monetary Policy Committee has decided against altering the repo rate, deciding to keep it unchanged at 3.5% per annum, said Reserve Bank Governor Lesetja Kganyago.
SARB to hold but is a rate hike around the corner?
The South African Reserve Bank (SARB) is set to hold the repo rate at the 23-25 March meeting, according to a unanimous vote by 25 economists on Finder’s repo rate forecast report.
Five things you need to know about the repo rate
The South African Reserve Bank has just announced that it is holding the repo rate steady, as South Africa battles the second wave of the COVID-19.
Repo rate remains unchanged at 3.5%
The Monetary Policy Committee has decided to keep the repo rate unchanged at 3.5% per annum, Reserve Bank Governor, Lesetja Kganyago, has announced.
Commercial Property Outlook Update– Pressure remains on property market post-lockdown
As the country emerges from COVID-19-related lockdowns, the hard lockdown having been in April and May 2020, high frequency data points to quite a lengthy road back to “full” recovery for the economy.
Low interest rates fuel residential property boom
During the third quarter of 2020 (Q3 20), South Africa’s COVID-19 lockdown moved from Alert Level 3 through to Level 1.
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