Reading Time: < 1 minute Welcome to #21DayPropertyChallenge. This challenge was created by The Property Collab during the 21-day lock-down in South Africa to help curb the spread of the COVID-19 Coronavirus.
Reading Time: 5 minutes Finally, some good news to celebrate. For us property investors, this is something we have been looking forward to for some time now. The South African Reserve Bank (SARB) has dropped the Interest Rates by 1%. The last time we saw rates at these levels was back in January 2014 when the rate was 8.5%. The current rate is now at 8.75%.