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Retirement Property in Chris Hani, Bloemfontein

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What the rate drop means for buyers, sellers, and homeowners? The latest interest rate drop is giving consumers a bit of breathing room. Find out how has this change affects your plans, to buy, sell or invest in property. SARB cuts repo rate by 25bps, lowering prime to 10.5% The South African Reserve Bank’s Monetary Policy Committee (MPC) announced today that interest rates will drop by 25 basis points, bringing the repo rate to 7% and the prime lending rate to 10.5%, effective from 1 August. Market reacts as repo rate drops to 7% Here's what some of SA’s property industry experts have to say about the repo rate, its impact on homeowners and the property market...

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