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  • You South Africa

    5 things to consider before moving your home loan

    Dec 23, 2021 3 minutes
    BY LETITIA WATSON

    INTEREST rates move in cycles and when rates have been low for a long time, as we’ve experienced recently, they’ll start rising again.

    In fact, the recent interest-rate hike probably indicates we’re once again in the upward phase. The 0,25% rate increase will immediately start showing in your home-loan repayments. If you’re considering moving your mortgage to another bond company that’s offering you a lower rate than you’re currently paying, it would be best to read this first.

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