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All Things South African

All Things South African. Monday, May 26, 2014. Interest rate hikes and the consumer. The reality is that the majority of us will take on debt when it is cheaper to do so. That dream home is so much more affordable when the repo rate rate at which banks borrow money from the Reserve Bank is around 5. That would mean we would get a bond at around 9 on the interest rate if our affordability and credit status was good. Bond repayments with 1 increase. How about an increase of 200 basis points 2?

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All Things South African

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All Things South African. Monday, May 26, 2014. Interest rate hikes and the consumer. The reality is that the majority of us will take on debt when it is cheaper to do so. That dream home is so much more affordable when the repo rate rate at which banks borrow money from the Reserve Bank is around 5. That would mean we would get a bond at around 9 on the interest rate if our affordability and credit status was good. Bond repayments with 1 increase. How about an increase of 200 basis points 2?

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This web page allsouthafrica.blogspot.com states the following, "Monday, May 26, 2014." We saw that the webpage said " Interest rate hikes and the consumer." It also said " The reality is that the majority of us will take on debt when it is cheaper to do so. That dream home is so much more affordable when the repo rate rate at which banks borrow money from the Reserve Bank is around 5. That would mean we would get a bond at around 9 on the interest rate if our affordability and credit status was good. Bond repayments with 1 increase. How about an increase of 200 basis points 2?."

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