Breaking Stories
While the Seeff Property Group continues to advocate strongly for lower interest rates as the higher rates are stifling the economy and property market, the reality is that the higher rate may be around for a while longer.
Recognising the impact and making some adjustments can go a long way. Start by reviewing your budget and making adjustments. Look at where you can cut by cancelling unnecessary subscriptions and shopping around for cheaper insurance premiums. You could also look at accessing surplus funds in your mortgage loan. If you have an access bond, you can access any surplus funds accumulated to pay off some debts. Seeff’s mortgage originator, ooba, says you could also refinance your home loan. This will require a new bond to be registered, which will be based on the latest value of your property.
Your home is vital. Avoid financial distress on your home loan by immediately contacting your mortgage bank if you are battling to keep up with the repayments so that you can make alternative arrangements.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mpumalanga police recover half-naked body of abducted Pretoria manBreaking Stories
Read more »
Suzuki continues setting sales records in South AfricaBreaking Stories
Read more »
Jake White chuffed with Bulls’ winning runBreaking Stories
Read more »
Duane’s tale a ‘hell of a rugby lesson’Breaking Stories
Read more »
Prioritise tyre inspection before going on holidayBreaking Stories
Read more »
5 tips to spend smartly and safely this Black FridayBreaking Stories
Read more »