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

SA’s Draft AI Policy: The Cost of Getting It Wrong

Free SA spokesperson Gideon Joubert discusses the organization's concerns about South Africa’s Draft National AI Policy—including expanded bureaucracy, duplicated institutions, and barriers for startups.
21 Apr 4PM 5 min

Legal AI Time Bombs

Pinsent Masons’ Geoffrey Allsop explains why employers are already legally liable for AI‑driven decisions under South African law. We explore discrimination risks from foreign‑trained models and what the Draft AI Policy signals for workplace regulation.
21 Apr 4PM 9 min

Understanding SA’s Draft AI Policy

Werksmans’ Ahmore Burger‑Smidt unpacks South Africa’s Draft National AI Policy. This includes the proposed new AI institutions, privacy blind spots, and the implications for business.
21 Apr 4PM 21 min
All episodes