Thursday 18 November 2010

Interest Rates DROP again...

Well good news for those of you that own property in South Africa.
Interest rate cuts have been issued again, with the government and reserve bank trying to decrease the stregnth of the RAND against the DOLLAR.

Rate cut 0.5% = Current Interest Rate = 9%.

LOVELY!!!!

1 comment:

Philippine Real Estate said...

Wow that may sounds good to a property owner on South Africa. How was the real estate investment in africa? I'm planning to invest overseas.