ARTICLES RELATING TO HOME LOANS

Interest on flexibond savings

2015-01-26 15:38

A Fin24 user wants to know if he will forfeit interest gained by paying extra money into his home loan and then withdrawing funds to pay for renovations.

Home owners battle to pay bonds

2014-10-30 20:17

South Africans are finding it more difficult to keep up with their mortgage payments as the cost of living and interest rates climb, says one of the big four banks.

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Whether you’ve paid your home loan early, or are battling to pay due to issues with debt, banks have internal systems that need to be followed, a home loan expert warns.

1 comments 6934 Views

How others can help with first home

2014-10-01 10:49

Friends and family members can now help each other to access the property market through a new banking product.

Capitec to offer home loans

2014-06-02 11:06

Capitec Bank has announced that it will launch a home loan offering in answer to market demand.

Debt judgment expected in ConCourt

2013-12-11 22:00

A couple should hear their fate on Thursday, when the Constitutional Court is expected to hand down judgment regarding the National Credit Act.

Using a bond originator or not

2013-11-01 16:48

Should prospective home buyers apply directly to a lending institution for a mortgaged loan, or use the services of a third party bond originator?

Significant shift in home loans market

2013-09-26 13:21

Although fewer small business owners apply for home loans, their average bond size is over 40% more than their salaried counterparts, a report shows.

Property clearance cerificate alert

2013-08-12 15:18

Buying a property could also mean taking on municipal debts older than two years, warn property experts.

Should you dribble money into your bond?

2013-07-02 18:18

Why paying a 10% deposit and an extra monthly amount into your home loan is one of the smartest savings moves you could make.

 

Use time wisely before next rate hike - expert

2014-11-09 18:00

A two percentage point interest rate increase could mean many homeowners would have to sell or face foreclosure, warns an expert.

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The declining affordability position of consumers to land a bond to buy a home is the result of soaring living costs, says an industry expert.

17 comments 8362 Views

Stay away from 30-year home loans, says bank

2014-10-16 09:29

Potential home owners need to look very carefully at the financial impact of the additional interest when taking out a bond over a 30-year period.

What you need for a bond application

2014-08-26 16:48

A Fin24 user is saving to buy his first property and wants to know banks' criteria for successful bond applications.

FNB hikes prime rate to 9%

2014-01-29 17:23

First National Bank was the first of the big four banks to announce that it is increasing its prime lending rate to 9.0% following a surprise rate hike by the Reserve Bank.

Don't go the bond originator route

2013-11-08 10:05

Go straight to your bank and avoid bond originators, says a Fin24 user who had a bad experience involving the intended buyer of his property.

UK mortgage muddle

2013-10-30 10:47

Inflating home prices with too-cheap-to-be safe home loans is not a good idea, says Edward Ingram.

Can I negotiate my home loan interest rate?

2013-09-12 13:59

Advice for a Fin24 user and prospective home buyer who wants to know if he can determine rates before putting in an offer to purchase.

Early bond cancellation blues

2013-07-10 10:28

Why do banks need to levy a penalty when homeowners wish to cancel their bond early, asks a worried Fin24 user.

Ooba sets 5-year home loan approval high

2013-06-18 11:22

Mortgage bond originator Ooba has in May recorded the company's highest value of home loans‚ a 21.3% increase on a year ago.

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