Discussion | SARB cuts repo rate by 25 basis points

CAPE TOWN - The South African Reserve Bank reduced its repo rate by 25 basis points yesterday during the third Monetary Policy Committee meeting.  

Experts say this is a good time to enter the housing market especially as more cuts are expected this year. 

WATCH | Discussion | SARB decreases interest rates by 25 basis points

OOBA Home Loans reported an average property purchase price rise to R1.67-million-rand with a 6.5-percent annual increase.

OOBA home loans CEO, Gavin Lomberg discuss further with eNCA.

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