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