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Rate Hike a Comma, Not a Full Stop.

Interest rate hike

The Reserve Bank’s decision to raise interest rates by 50 basis points this week will undoubtedly put something of a damper on the property market recovery that is currently underway.
However, says Shaun Rademeyer, CEO of BetterBondHome Loans, SA’s biggest mortgage originator, this is not expected to be severe, or lasting, unless more hikes follow in short succession. The full article can be read here.

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