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News Archive |
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WEEKLY ECONOMIC MONITOR
Monday, July 07, 2008 (57 reads)
The rand closed the week firmer, supported by stronger precious metal prices and the release of worse-than-expected inflation data, which probably seals the case for another interest rate hike in August.
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Economic Research - Trade Data
Monday, July 07, 2008 (52 reads)
The trade deficit narrowed to below market expectations, as growth in imports was contained by a decline in imports of mineral products, including oil, which fell by R4,5 billion in May.
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Economic comment – Vehicle sales
Monday, July 07, 2008 (101 reads)
Annual new vehicle sales recorded another sharp decline in June. Demand for passenger, light commercial and medium commercial vehicles continued to be dampened by higher prices - especially fuel prices, interest rates and expectation for further interest rate hikes.
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FINBOND (FPF) - BUY, NOTWITHSTANDING ECONOMIC CLIMATE!!
Sunday, June 22, 2008 (91 reads)
One assumes that Finbond Property Finance Ltd (FPF) must be operating in a fairly difficult market at the moment, especially with the number of new mortages slowing down as interest rates increase. This might be very true, but we get the feeling that the market has misunderstood how FPF generates most its profits.
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Ask your Mortgage Originator
Wednesday, June 11, 2008 (74 reads)
Mortgage originators give you independant advice on choosing a home loan that suits your needs. We answer the most common questions.
My Mortgage Publication May/June 2008.
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ABSA HomeLoan - Mortgage advances growth slowing down further
Tuesday, June 10, 2008 (86 reads)
In February 2008, year-on-year growth of 23,1% was recorded in mortgage advances by monetary institutions (24,5% in January), according to data released by the South African Reserve Bank. This brought the total amount of mortgage advances to R871,5 billion in February. On a month-on-month basis, mortgage advances growth was lower at 0,8% in February from 1,2% in January.
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ABSA Home Loan - Mortgage advances growth slowing down further
Tuesday, June 10, 2008 (59 reads)
In February 2008, year-on-year growth of 23,1% was recorded in mortgage advances by monetary institutions (24,5% in January), according to data released by the South African Reserve Bank. This brought the total amount of mortgage advances to R871,5 billion in February. On a month-on-month basis, mortgage advances growth was lower at 0,8% in February from 1,2% in January.
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JUNE 2008 NEWS - SA HOUSING FOUNDATION
Tuesday, June 03, 2008 (71 reads)
Be aware of exactly what insurance cover is held by your Body Corporate in a Sectional Title Scheme so you do not end up liable for damages.
It is also important to know the value of the insurance cover to ensure it is sufficient to protect you from loss or damage to common property or personal injury that may arise, advises Brett Nicholson of Shepstone & Wylie Attorneys. Nicholson explains that the Sectional Title Act makes it clear that it is the responsibility of the Body Corporate to insure the building and all improvements to the common property within the scheme to their full replacement value, against any such risks and damages as may be prescribed.
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