Report states households are getting richer

Jul 21, 2016 11:01:55 PM Share this:

Despite the economic climate in South Africa being under pressure and to a certain extent unpredictable, according to the Momentum-Unisa SA Household Wealth Index the worth of households grew by 3.9% between the fourth quarter of 2015 and first quarter of 2016, with an increase of R67.8-billion.


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Topics: Buying, Money, Interest Rates, Consumers Under Pressure, Financial Decision, Mortgages

Buying in an unstable economy

Mar 8, 2016 5:22:30 PM Share this:

Planning to buy a home usually takes a long term strategy, with many buyers having to either save for a deposit, assess affordability or scout for the perfect property to call home. Then when the time finally comes and the country’s economy seems to be unstable - interest rates are higher, banks are implementing stricter lending criteria, doomsayers are warning against long term investments, buyers could be caught in a funnel of information and be left confused and unnecessarily wary.


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Topics: Buying, Richard Gray, Harcourts, Salary, Finance, Money, Debt Consolidation