For first time home buyers, the thought of owning your own house can be very exciting. The reality and process of attaining the house can become draining and disheartening. With interest rates going up, economist’s advice people to cut down on spending or buying things on credit. Demand for housing is still high for the country and those who don’t have money to pay full price to buy property, opt to apply for homes loans. Banks usually have an assessor to evaluate the property to check if a person is getting value for money before buying the property. To tell us more about this we are joined in studio by Steven Barker, Head of HomeLoans at Standard Bank.
For more News visit: http://www.sabc.co.za/news