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Finance

SARB hikes rates: What it means for property

SARB hikes rates: repo rate up from 7.00% to 7.25%, prime to 10.75%, with Cape Town and the South African Reserve Bank behind stacked coins and house keys
By Neale Petersen

The repo rate rises 25 basis points to 7.25%, taking prime to 10.75%. ooba, Pam Golding, BetterBond and Seeff on what it means for buyers, homeowners and investors — plus what the hike costs on a home loan.

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