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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.
Popular tags: bond repayment calculator, bond originators South Africa, bond originators, bond origination, bond origination South Africa, home loan interest rate
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