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Homeowners struggling against the rising costs of living, including inflation and interest rate and fuel price hikes, may not know that there are ways they can save money on their home loan repayments.
Property buyers purchasing for R1.1 million and below will save on transfer duty costs following the recent increase in the exemption threshold, while those who are shopping for the best home loan interest rates will benefit from the competition between banks.
But homeowners who don’t think they have options for reprieve are wrong.
Rhys Dyer, the chief executive of ooba Home Loans says the succession of interest rate hikes has had a “big impact” on homeowners
