23/09/2026
๐ข๐๐๐๐๐๐๐๐ ๐๐๐๐: ๐๐ก๐ ๐๐จ๐ฎ๐ญ๐ก ๐๐๐ซ๐ข๐๐๐ง ๐๐๐ฌ๐๐ซ๐ฏ๐ ๐๐๐ง๐ค ๐ก๐๐ฌ ๐ซ๐๐ข๐ฌ๐๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ ๐ซ๐๐ญ๐ ๐๐ฒ ๐๐ ๐๐๐ฌ๐ข๐ฌ ๐ฉ๐จ๐ข๐ง๐ญ๐ฌ, ๐๐ซ๐ข๐ง๐ ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฉ๐ซ๐ข๐ฆ๐ ๐ฅ๐๐ง๐๐ข๐ง๐ ๐ซ๐๐ญ๐ ๐ญ๐จ ๐๐.๐๐%
The South African Reserve Bank (SARB) has raised the repo rate by 25 basis points, taking it to 7.25%.
As a result, the prime lending rate increases to 10.75%. The decision was announced today, 23 September 2026, and was unanimous.
So, what does this mean for homeowners and prospective property buyers?
On a ๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐-๐ฒ๐๐๐ซ ๐ก๐จ๐ฆ๐ ๐ฅ๐จ๐๐ง ๐๐ญ ๐ฉ๐ซ๐ข๐ฆ๐, the increase works out to approximately ๐๐๐๐ ๐ฆ๐จ๐ซ๐ ๐ฉ๐๐ซ ๐ฆ๐จ๐ง๐ญ๐ก or around ๐๐๐๐๐ ๐ฆ๐จ๐ซ๐ ๐ฉ๐๐ซ ๐ฒ๐๐๐ซ.
While 0.25% may sound small, changes in interest rates can have a meaningful impact on monthly affordability, borrowing costs and household budgets.
๐กProperty remains a long-term investment.
๐๐ก๐ข๐ง๐ค๐ข๐ง๐ ๐จ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ , ๐ฌ๐๐ฅ๐ฅ๐ข๐ง๐ , ๐จ๐ซ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ? Contact our team of experienced property professionals for expert guidance.
CCH - Cape Coastal Homes / City Country Homes
021 851 1951 | ๐ www.cch.co.za
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