01/06/2026
Prime Lending Rate Increases to 10.50%
The South African Reserve Bank has increased the repo rate by 0.25%, resulting in the prime lending rate rising to 10.50%.
This change may affect monthly bond repayments for homeowners and could influence affordability for buyers entering the property market.
While higher interest rates can present challenges, property remains one of the strongest long-term investments. The key is having the right guidance and understanding your options.
If you're considering buying, selling, or investing in property in Witbank, our team at Rosa Properties is here to help you navigate the market with confidence.
Contact Rosa Properties today.
Rosa: 083 310 5453