Repo Rate Slashed — Big Relief for Homeowners, But New Risks Emerge

South African homeowners are set to breathe easier after the latest repo rate cut, offering welcome relief on monthly bond repayments. However, analysts warn that while lower borrowing costs may stimulate spending and ease household pressure, they could also encourage over-indebtedness and expose vulnerable consumers to future economic shocks. The rate cut signals short-term financial relief—but with long-term risks that homeowners need to navigate carefully.