Publications

YOU go! home City Press e-Editions

City Vision BloemExpress Mthatha Express PE Express People's Post Kouga Express Komani Karoo Express UD Express (Uitenhage) BloemNews Noordkaap Bulletin

VrystaatKroon Vista DistriksPos Eikestadnuus Hermanus Times Paarl Post TygerBurger Weslander Standard & Breederivier Gazette
Partners

Sustainable Impact with Standard Bank Saw This, Made This with Bombay Sapphire RU120 - Rhodes celebrates 120 years Beauty24 with Edgars Reveal the Why with iStore I Am News24 - Meet Our Subscribers Government Vacancies Government Tenders

07 Aug 2022

Share

Should you rent or buy a home right now? Experts weigh in

Carin Smith

Share your Subscriber Article

You have 5 articles to share every month. Send this story to a friend!

Loading, please wait...

Homes are an emotional thing. Some people prefer to own a home and feel more secure that way.

Homes are an emotional thing. Some people prefer to own a home and feel more secure that way.

File

South Africans have been hit by a series of painful interest rate hikes in recent months, with the prime rate climbing from 7% in November last year to 9% currently.

On a new home loan of R2 million at the prime rate, the monthly payment is now almost R3 000 than last year..

Interest rates are expected to rise even further.

Read this for free

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

Already a subscriber? Sign in

Next on Business

It will take years to restore the health of Sandton offices - Growthpoint SA CEO

16 Jun 2022

It will take years to restore the health of Sandton offices - Growthpoint SA CEO

description

Show Comments ()

Currencies Commodities Jse Indexes

Rand - Dollar

18.33

-0.8%

Rand - Pound

23.29

-0.9%

Rand - Euro

19.97

-1.1%

Rand - Aus dollar

12.29

-1.0%

Rand - Yen

0.12

-0.9%

Platinum

1,094.50

+0.7%

Palladium

1,011.50

-0.0%

Gold

2,414.25

-0.1%

Silver

31.49

+0.1%

Brent Crude

83.98

+0.9%

Top 40

73,214

0.0%

All Share

79,531

+0.0%

Resource 10

63,559

+2.2%

Industrial 25

110,578

-1.0%

Financial 15

17,183

-0.2%

All JSE data delayed by at least 15 minutes

Take some time to explore your host town at the Franschhoek Literary Festival

06 May

Take some time to explore your host town at the Franschhoek Literary Festival

Cruising for a vacation? Here’s what you need to know before setting sail…

06 May

Cruising for a vacation? Here’s what you need to know before setting sail…

How mom and interior designer Zoie maps out her year ahead with Mac

03 May

How mom and interior designer Zoie maps out her year ahead with Mac

7 hidden gems to add to your next Aussie escape

22 Apr

7 hidden gems to add to your next Aussie escape

Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders

This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.