Johannesburg – The past two years have been very tough due to the Covid-19 pandemic.
But property owners holding a bond have been given significant relief by the Reserve Bank.
In fact, since January 2020, the bank has slashed the repo rate by a record250 basis points to cushion the blow of to consumers.
However, in November last year, the uptick started, and economists agree it is likely to move upwards from this point.
