Mortgage

Refinancing your mortgage means replacing your existing mortgage with a new one, ideally with better terms and interest rates. There are several reasons why homeowners might consider refinancing their mortgage, including reducing monthly payments, accessing equity, or shortening the loan term. However, refinancing is not always the best option for everyone, and it's important to understand the pros and...

When it comes to financing a property purchase, choosing the right mortgage is crucial. With so many different mortgage options available, it can be overwhelming to know where to start. In this article, we'll explore the key differences between fixed-rate mortgages, adjustable-rate mortgages, and interest-only mortgages, and how to choose the right one for your needs in South Africa. Fixed-Rate...

When it comes to buying a home, most people don't have the cash upfront to make such a large purchase. This is where mortgages come in - they allow you to borrow money from a lender to purchase a property, and then pay back that loan over time with interest. But how do mortgages work, and what do you need to know before taking one out? What is a Mortgage? A mortgage is a loan specifically designed for...