R1,400 Mortgage Relief Coming in May 2025 – Who Qualifies and How to Apply

R1,400 Mortgage Relief Coming in May 2025 – Who Qualifies and How to Apply

As of May 2025, South African homeowners are seeing tangible reductions in their monthly mortgage payments, thanks to successive repo rate cuts by the South African Reserve Bank (SARB). With a total projected rate reduction of 1.5% by July, many borrowers with variable-rate mortgages could save between R1,200 and R1,400 each month. This shift comes … Read more

R1,400 Mortgage Relief Coming May 2025: Who’s Eligible and How to Apply

R1,400 Mortgage Relief Coming April 2025: Who’s Eligible and How to Apply

In May 2025, South African homeowners are positioned to experience significant relief on their mortgage repayments. With the South African Reserve Bank (SARB) enacting multiple repo rate reductions throughout the year, interest rates on home loans are declining. This change directly impacts individuals with variable-rate mortgages, potentially cutting their monthly repayments by as much as … Read more