FIVE QUESTIONS ABOUT FIXED INTEREST RATES
IT WAS music to cash-strapped consumers’ ears: another interest rate cut. Now, with rates at the lowest they’ve been in years many people are wondering whether it wouldn’t be a good time to fix the interest rate on their home loans so they’re protected if the South African Reserve Bank (SARB) decides to hike rates again. But before you head to the bank, there are a few things to consider.
WHAT ARE FIXED AND
