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Insights - News Blog

Bond Origination in South Africa – Regulations and Compliance

In South Africa, the financial services industry is highly regulated to protect consumers and maintain stability in the economy. The main regulatory frameworks that govern our industry include the Financial Sector Regulation Act (FSRA) and the Companies Act, among others.

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Credit Analysis and Risk Management Explained

Bond origination is a complex process that requires a deep understanding of the financial market, risk management techniques and credit analysis. In this blog post, we will provide an in-depth look at credit analysis and risk management.

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The Next Interest Rate Hike: What It Means for Your Home Loan Payments

Fluctuations in property value and interest rates can also affect prospective buyers. With the current increase in interest rates, the cost of financing rises, and demand for credit weakens over time, resulting in lower house prices. As house prices decline, it can be a good time to purchase property, provided you have enough financial leeway to withstand the risk of potential further interest rate hikes.

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How Homeowners Can Survive Interest Rate Hikes

The current economic climate in South Africa has many prospective and current homeowners worried about rising interest rates and the cost of living, and applying for a bond may seem like something only a select few can afford to do.

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How Does Compound Interest Work on a Home Loan?

To understand what your home loan repayment is made up of (in terms of principal and interest), you first need to understand compound interest, and how it works in reverse for debt.

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Bank Value vs Market Value - and why this could be an issue when refinancing your home

Many homeowners don’t understand the difference between a market value and a bank value. This is particularly important when a homeowner wants to refinance a property that was previously unbonded, or paid off.

It can be a shock when the bank valuation comes in below the market value they had already assessed in their head. So, why does this happen? How can two “values” be so different for the same property?

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FLISP - A Government Subsidy for First-time Homebuyers

Purchasers buying property for R650,000 and below will potentially qualify for FLISP, a government subsidy for first-time homebuyers. FLISP can be used to cover transfer and bond registration costs, thereby allowing the purchaser to buy a home without upfront savings.

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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.

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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.

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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.

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