Buying property is a big decision and a costly exercise. Not all buyers have available cash for the purchase, and many will have to apply for a loan from a bank or financial institution. Despite a third, and 50 basis point increase in the repo rate, banks are still willing to lend, and potential buyers are always encouraged to save money for a deposit, especially when a bank loan is needed.
Home loan FINANCING
Jun 17, 2022
2 minutes
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