Kaya 959 Kaya Biz

Q4 home loan application statistics for 2021

Loading player...
The latest data reveals that competition amongst the major banks continues to surge. Home loan approval rates were up by 3.1% from Q4 of 2020 and the average interest rate received by home applicants was prime less 0.21% (19 basis points lower than Q4). According to statistics from ooba, South Africa’s foremost home loan comparison service, competition amongst the major banks for a bigger share of the home loan market remained fierce during the fourth quarter of 2021 (Q4 21). Marius Tinney-Crook, Regional Sales Manager for ooba Group joins us to talk more about the data.
25 Jan 2022 11AM English South Africa Business News · Investing

Other recent episodes

How Universal Vouchers Connect South Africa’s Cash Economy to Digital Services

With over 70% of South African households reporting financial stress and over a third expecting to struggle with monthly bills, financial inclusion must mean more than just access to credit. It requires enabling cash-reliant consumers to participate seamlessly in an increasingly digital economy. On KayaBiz, we sit down with Brett…
3 Nov 12PM 13 min

Why Local Government Failure Costs Ratepayers

As South Africans head to the polls for local government elections, a massive financial time bomb continues to shadow municipalities across the country: overdue municipal debt to Eskom has officially ballooned to R122.5 billion, with over 110 local councils owing more than R1 million each. On KayBiz, energy infrastructure and…
3 Nov 12PM 25 min

Why Dis-Chem Is Investing Through The Downturn

Dis-Chem grew revenue by 8% and continued gaining market share, but earnings came under pressure as the retailer accelerated investment in digital transformation, new stores and its healthcare ecosystem. CEO Rui Morais discusses Better Rewards, expansion plans, changing consumer behaviour and the long-term strategy underpinning the group's investment drive
2 Nov 12PM 11 min
All episodes