Good news folks, Tito Mboweni has dropped the repo rate by 100 basis points. This means that home loan rates are down to a cool 13%.

Lets hope that the banks keep our rates nice and low too for all new bond applications.

Current home loan interest rate = 13%

Once again we've got more than most can offer!
Wizard Midrand have signed a new 100% home loans deals for bond up to R450 000.
Yip, you heard us right, 100% bonds up to R450 000.

Once again with this being a very new product, there are limitations and restrictions. Read up about Wizard's 100% home loan offering, click here...

Click here to apply for 100% loan.

That means, 100% home loans from not 1 but 2 financial institutions! What are you waiting for?

We promised changes in 2009 and we're not going back on our word. Wizard Midrand in association with the a goverment backed independant home loans and finance house is now able to offer buyers the opportunity to get 100% loans.

With this being a very new product, there are limitations and restrictions. Read up about Wizard's 100% home loan offering, click here...

Click here to apply for 100% loan.

Do some early Christmas shopping with Wizard Midrand home loans.

We are offering YOU up to R20 000 cash back incentive if you do your home loan through us today.

Click here and check out our specials page, for more information.

*terms and conditions apply *

With Ooba home loans making ways in the South African property market, every seems to have overlooked Ooba's incredibly competitive range of insurance products.

We've put a little page together for all of you to review what the Ooba insurance products consist of. They are the cheapest insurance in the South African market right now and the only insurance company in South Africa to have the backing of all 4 of the major banks.

Click here to read up about Ooba Insurance.

Ever dreamt of that magical property in Dubai?

Well Wizard Midrand have teamed up with a great company in Dubai. If financing a property in Dubai is what you need, then I suggest getting your mortgage through Independent Mortgages UAE.

Much to the relief of South Africans yesterday, governor Tito Mboweni decided to keep the interest rates at a good and solid 15.5%. This is very positive for the real estate industry in South Africa...

Could this be the turn we're all waiting for??

Tip of the week: If you're in the process of looking for property to buy, check your credit record today and avoid any possible delays. Click here for your ITC & Experian Checks.

Don't know how you feel, but;

I'm tired of being told that I can't afford a property!
I'm tired of being told that my home loan affordability is an issue!
I'm also very tired of telling people that their property purchase is not going through because the banks don't want to loan them the money they've requested due to affordability issues.

Here's the good news, here's a little secret on how you can afford the property you've always wanted and how affordability is not an issue... Find a friend, find a family member and lets get cracking with Fractional Investments! Read More Here... Investment Clubs

Just when all was looking calm and all the property experts on the news were telling everyone that interest rate hikes were impossible as a another rate hike would not help the current global inflation problems that we in South Africa are also facing, Tito Mboweni hits us with a rate hike. Current Home Loan Interest Rate: 15%. Current Repo Rate: 11.5%.

INESTMENT TIP: It's time to Invest In Property! Investment Clubs - Way Of The Future!

Wizard is now offering hot new properties and stands for sale in some of South Africa's most prestigious estates. With our new private property section now taking off, we're pleased to say that our list of available properties for sale is now reaching the 30 mark.

Lets give you a little sneak of what's on offer:
Hoedspruit:
Raptors View Wildlife Estate - 1 Hectare Stands - View Hoedspruit properties
Bloubank Game Farm - Seeking Investors in a new Game Farm.

Pretoria:
2 Bedroom Loft Units - Zambezi Drive - View Pretoria properties

Dullstroom:
Fractional Ownership Investment - Highlands Gate

For more information please contact Wizard on +27 12 341 2223 or check out our properties for sale section.

First time buyer? Does this ring a bell? If so, then you've come to right place. Standard bank have come to the part and lifted their game.

With the new Std Banks home loans special for first time buyers, you'd be silly to miss this opportunity to finally take advantage of the banks. As you may or may not know, first time buyer loans allow you as a first time home owner to purchase a property with you loans registration and transfer costs included in the bond.

Some banks refer to this as a 108% loan. Standard banks new home loans special alleviates the need for a 108% as they are offering first time buyers, free bond registration costs. For more information and your Std bank application please see our Standard Bank Special Section...

African Bank is now offering some great personal loans deals. For more information on African Banks Personal Loans please the African Bank Personal Loans section now...

ABSA Home loans have once again outdone themselves. Launching the very first fixed rate option available for South Africans. It's a great step forward and the fixed rate options they're giving clients are very good rates. This obviously comes in light of the potential 0.5% increase in interest rates again this year...

Good on you ABSA bank. Come on through to our banking section and read up about the new fixed rate options offered by ABSA TODAY.

With home loans debt consolidation and debt management being a major problem and the brunt of the calls that Wizard Home Loans are getting these days, we've managed to find an expert in the debt field that's willing to help clients out FREE OF CHARGE with debt consultation services.

With interest rate hikes shooting through the roof, the Credit Act that's come into affect, mortgage problems arising in the U.S., major instability in the escalating oil prices and our imports FAR exceeding our exports for 2007, South Africans are slowly starting to feel the brunt of the cost of property and home loans. With debt consolidation the debt doctor can help you.

PLEASE NOTE: this is a free service and responses will only be done and accepted via email.

Interest Rate hikes.... Here it comes again. This time a little unexpected I won't lie. With the repo rate increasing another 50 basis points, Tito Mboweni and the reserve bank decided that home loan interest rates would increase to by 0.5% bring the home loan and mortgage rate up to 14.5%.

Home Loan rates have now increased from 10.5% to 14.5% since 2005! Will this be the last one?
How many more interest rate hikes can this country take?

Is Standard Bank your bank of choice for home loans. Do you currently have a home loan with Standard Bank? If your answer is yes and you've considered getting a further loan on your existing bond account take a look at the special that Standard Bank home loans are currently running...

Click here for more information on the Standard Bank further loan special or call Wizard on 012 341 2223.

Well it's been such an exciting and action packed month again in the world of bond origination that we really haven't had much time to update our site. As mentioned last month, Bond Originators beware. Wizard Midrand is on the loose. Take a look at our BLOG, we have some great posts that have been put up by Chris "The Mage" in the last couple of days, plus we have our new "Online Property Courses" for bond originators and South African property guru's.

The reason I'm putting this post up though is that there's been alot of talk about bond originators loosing business and the mortgage market dropping off so I thought I'd shed some light on the topic. Check out the Bond Originators section on our site...

Thanks to all of you who continue to support us, I say BOND ORIGINATORS ROCK ON!

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IS THIS A RATE OR WHAT? IS IT TRUE?
IS IT POSSIBLE? Are people offering interest rates of -3% below prime lying? Read On...