A volley of interest rate hikes in the past 18 months have left South African homeowners poorer, reeling and struggling to make ends meet under tough economic conditions.
And some experts predict that this month’s interest rate, to be announced on Thursday, will provide no reprieve for hard-hit homeowners. Some analysts are expecting an increase of 25 basis points.
The relentless hikes since the Covid lows saw the SA Reserve Bank begin to hike interest rates in
