Mortgage Interest Rates Prediction 2024 South Africa

Mortgage Interest Rates Prediction 2024 South Africa. Big shift in interest rate expectations for south africa in 2024. Rising interest rates have forced many buyers to abandon their dreams of homeownership in 2023 and the outlook for 2024 is only a little better with interest rates.

South africa prime lending rate data is updated monthly, averaging 10.500 % pa (median) from jan 2000 to jul 2024, with 295 observations. Dwelling units data is updated monthly, averaging 11.750 % pa from jan 1965 (median) to may 2024, with 713 observations.