Archives by Tag 'these-factors'
How to get your home loan approved – Finance, Advice
By admin - Last updated: Wednesday, April 25, 2012
All these factors will be taken into consideration in order to gain some insight into the buyer's monthly disposable income. According to South African credit legislation that governs the practice of mortgage lending, a financial institution may not …
Negative equity risk for owners as property … – ShowMe™ South Africa
By admin - Last updated: Friday, November 4, 2011
Real house prices in South Africa are declining at rates last seen 25 years ago as economic growth stagnates. … which was reflected in continued low growth in household credit extension. “The continued low growth in outstanding mortgage balances in the household sector is indicative of the impact of these factors on the residential property market, and the demand for and accessibility of mortgage finance ,” Mr du Toit said. With I-NET BRIDGE. Source: Business Day …