JOHANNESBURG - As we await another rate announcement this month, there is some good news for those with debt.
FNB believes interest rates have likely peaked, with possible rate cuts expected in the second half of the year.
READ: SOUTH AFRICANS DEFAULTING ON THEIR DEBT REPAYMENTS - REPORT
Senior economist Siphamandla Mkhwanazi says this could boost property prices.
According to the latest FNB House Price Index, growth was slightly lower in February at 0.7 percent year on year.