#moneymatters *Potential Interest Rate Cut: What It Means for SA Homeowners!* Homeowners, there's hope for further financial relief! Since July 2024, the South African Reserve Bank (SARB) has already made three interest rate cuts, and economists are predicting another one could be on the way this month. A lower repo rate means reduced bond repayments, helping homeowners save hundreds of rand each month. However, global economic trends may play a role in the SARB’s decision, so nothing is set in stone just yet. For now, homeowners should keep an eye on upcoming announcements.🤞