Interest rates directly influence consumers’ ability to earn decent returns on deposit accounts. An interest rate is the percent of principal charged by the lender for…
Browsing: Interest Rates
A country’s central bank sets interest rates. In South Africa (SA), Interest rates are determined by the South African Reserve Bank (SARB). Although the decision to raise interest rates isn’t…
Interest rates affect many parts of our financial lives to getting that home, car or personal loan to even saving. All these things work on interest…
Interest rates and why they apply An interest rate is the cost of borrowing money. Or, on the other side of the coin, it’s the compensation…
The Monetary Policy Committee (MPC) is expected to meet to determine whether interest rates should be changed ahead of South Africa’s national budget by the new…
Ithala Home Loans may be an ideal solution for when you are looking to buy, renovate or build your dream home. It is also useful for if…