Hi Everyone
Whats your opinion on Fixing the Interest rate on a Home Loan.
I had a look on some of the historical data on the SARB website and the prime lending rate has dropped from about 15.5% in 2008 to 9.5% in 2014.
https://www.resbank.co.za/Research/R...restRates.aspx
I am considering fixing my rate, even if its just on a portion of my home loan, whats your opinion ?
Do you think the Rate will drop again in the near future ?
Regards
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