National
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.