Insights - News Blog

From monthly archives: January 2023

We are pleased to present below all posts archived in 'January 2023'. If you still can't find what you are looking for, try using the search box.

Homeowners Should be Bracing for Hiking Interest Rates

South Africa's interest rate hike has been a topic of much discussion among economists and consumers alike. The recent increase in interest rates by the South African Reserve Bank has sparked a wave of concern and speculation about the impact it will have on the economy and individual households.

Read the rest of entry »

Trying to Obtain a Home Loan? Our Bond Originators Can Advise You

Phoenix Bonds is a leading home loan advisory service provider in South Africa, offering expert guidance to clients seeking to finance their dream home.

Read the rest of entry »

What to Expect from the Housing Market in 2023

The South African housing market has seen a period of strong growth over the past two years, with low interest rates and a strong demand for property driving sales and pushing up house prices. However, this boom is beginning to cool off as interest rates rise and the cost of living continues to increase.

Read the rest of entry »

Instant Cash Loans – Be Weary and Avoid the Debt Trap

Instant loans, also known as payday loans, have become increasingly popular in South Africa as a way for individuals to access cash quickly and easily. However, with the rise of technology and the internet, it has become easier for scammers to target unsuspecting individuals with unsolicited loan offers via SMS.

Read the rest of entry »

2023 – What’s in store for interest rates?

The Monetary Policy Committee (MPC) meets six times a year to set interest rates and battle inflation. Economists’ projections can be varied, but the result is typically in the middle. A collection of estimates across the industry has allowed the team at Phoenix Bonds to put together an “average” interest rate forecast for 2023.

Read the rest of entry »


Get the latest updates in your email box automatically.