💨 Abstract

The South African Reserve Bank's monetary policy committee is expected to announce a 25 basis point cut in interest rates on January 30, 2025. This could result in monthly savings of R249 for homeowners and those entering the property market, with an estimated total saving of R59,760 over 20 years.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖