Surge in home buyers using unsecured credit for down payments

The steep interest rate hiking cycle by the SA Reserve Bank and elevated inflation have eroded affordability, making it difficult for buyers to save enough for a down payment on a home.

Related Keywords

Johannesburg ,Gauteng ,South Africa ,Free State ,Randburg ,Carl Coetzee ,Cobus Odendaal ,Siphamandla Mkhwanazi ,Sa Reserve Bank ,Lew Geffen Sotheby International Realty ,Subsidy Programme ,Lew Geffen Sotheby ,International Realty ,Finance Linked Individual Subsidy Programme ,Western Cape ,Odooba ,Home Loans ,