Thursday, September 22, 2011

Good News for the Market!!

The SA Reserve Bank today left the REPO rate unchanged which means that the prime lending rate remains at 9%.

This is good news for the property market, considering that many economists were talking about the possibility of a rate hike on the back of higher consumer inflation.

Whilst the interest rate remains at these historic low levels, it is the perfect time to enter the property market!

Contact Mc Naught and Company for assistance with your next property purchase.

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