Cape Coastal Homes Logo
You are here: Cape Coastal Homes / Latest News / Breaking News Reserve Bank Keeps Interest Rates Unchanged At 825 Prime Rate Remains 1175

BREAKING NEWS: Reserve Bank Keeps Interest Rates Unchanged At 8.25% - Prime Rate Remains 11.75%

BACK TO
NEWS
SHOWING ARTICLE 71 OF 1134
GALLERY

BREAKING NEWS: Reserve Bank Keeps Interest Rates Unchanged At 8.25% - Prime Rate Remains 11.75%

Category Property Market News

The South African Reserve Bank met earlier this afternoon and we are pleased to advise that the repo rate was left unchanged at 8.25%, meaning that the current prime lending rate remains at 11.75%.

Since the interest rate hiking cycle started in November 2021, the Monetary Policy Committee has hiked the repo rate ten times by a cumulative 425 basis points and reached a 14-year-high at 8.25% earlier this year. The announcement this afternoon is a relief and a welcome boost for indebted South Africans.

Author STBB Attorneys
Published 23 Nov 2023 / Views -
68 69 70 71 72 73 74

Categories

Rental Information Lifestyle Home Sellers Gardening Tips Home Owners Seller Advice Selling Your Home Legal Information - Donations Home and Lifestyle Tips Home Loan Advice Legal Update Property Report - Kuils River Home Loans Area and Lifestyle Financial Advice Lifestyle - Pets Estate Agents Role Property Market News Property Thought Of The Week Property Market Report - Paarl Town &Suburb Reports - Gordon's Bay Rental Rights Did You Know? Property Finance Advice Legal Thought of the Week Buying and Selling Property Estate Agency Affairs Board News Buying Property Property Advice - Letting Building or buying a new home? Lifestyle and Decor Home Buyers International Property Expos Water Crisis Western Cape News Flash - Budget News Local Market Analysis Security Property Market Statistics Property Advice Estate Agent’s Commission Sectional Titles and Body Corporate Rental Legal Advice Property Marketing Tools Town & Suburb Reports - Langebaan Area and Property Developments Coronavirus (Covid-19) Outbreak Home Owner Tips Property Transfer Apartment and Residential News Commercial Property News Property Transaction Property Buyer Show Sectional Title vs Own Title First Time Home Buyers Foreign Land Ownership Home Improvement Advice Legal Advice - Dog bites and claims Expo Information Bond Repayment Advice Deed of Sale and Information Legal Information Tips When Buying Property Statistics on Homeowners Sectional Title Issues Community News Town & Suburb Reports - Cape Town Insurance Advice Property Portfolio Wealth Bond Origination Services Buying or Renting Property Buying A Home Property Market - Gordon's Bay Real estates Agents Town &Suburb Report - Somerset West Property Report - Langebaan Town & Suburb Reports - Strand Property Investment Advice Foreigner's Guide Buying Property Financially-independent retirement Property Inflation Trends Manage Your Credit Record Tips to find your dream home Town & Suburb Reports - Gansbaai Good To Know Tips Series Buying property for home and work House Hunting Advice Tax benefits Bond Re-payment Advice Property Investment Update Consumer Protection Act Advice Property Report - Strand Property Report - Kleinmond Community News - Helderberg Latest development releases Residential Property Market News Bond Insurance Town &Suburb Report - Melkbosstrand Suburb Reports - Langebaan Legal Opinion Estate Agent News Property Expo Rates and Mortgage Rental advice Mixed-use developments Property Valuation Architectural Heritage Property Report - Eerste River When To Buy Newly-Built Properties Development Property Advice Property Report - Saldanha Bay Town & Suburb Reports - Kuils River Loadshedding Western Cape Luxury Property Market Sectional Title vs Clusters Property Report - Villiersdorp Exclusive Sole Mandate Community News - Kuilsriver Conveyancing Information Buying retirement property Relocation Cities Property Report - Stellenbosch Town & Suburb Reports - Johannesburg What Estate Agents Need To Know About CCH
Disclaimer:  While every effort will be made to ensure that the information contained within the Cape Coastal Homes website is accurate and up to date, Cape Coastal Homes makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.