Seven interest rate hikes since June last year have ratcheted up the pressure on homeowners and new entrants to the commercial property sector, with indications that many are feeling the pinch and are being forced to sell.
The JSE is trading within touching distance of its all-time peak reached mid-July. President Bush's plan to help creditworthy homeowners refinance their mortgages, Federal Reserve Bank Chairman Bernanke's decision to reduce interest rates for the first...
A supplier of affordable building materials, such as cement, corrugated iron roof sheeting, doors, windows and timber, will be listing on the Alternative Exchange (AltX) of the JSE by way of private placement on 28 September 2007.
