Should you rent or buy a home right now? Experts weigh in | Fin24 - News24

While interest rates have been seen painful hikes, they remain below pandemic levels, and property demand looks in relatively good shape. But one property expert warned against buying a home now.

South Africans have been hit by a series of painful interest rate hikes in recent months, with the prime rate climbing from 7% in November last year to 9% currently. On a new home loan of R2 million… [+128 chars]

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