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Home-owners possibly in for a tough ride

───   13:13 Thu, 30 Jan 2014

Christopher Motabogi
 
Bloemfontein - Yesterday’s hike in interest rates is likely to be the first of many successive ones to come.
 
So says FNB Property economist, John Loos, reacting to the Reserve Bank’s 50-basis points increase of interest rates. Loos says the hike won't affect homeowners too much this time round, but the picture might change in the near future.


 
 

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