May 2023 Interest Rate Increase

SARB's Monetary Policy Committee has, as expected, increased the repo rate by 50 basis points from 7.75% to 8.25% effective 26 May 2023.

Similarly, the prime lending rate has increased by this margin from 11.25% to 11.75%. This is the highest the prime lending rate has been since May 2009.

26 May 2023
Author STBB

14 of 171

BACK TO
RESULTS

WANT MORE FROM
WELCEDACHT PROPERTIES?

FREE HOME VALUATION

GET IN TOUCH

info@welgedachtproperties.co.za |
021 913 4597