Edition 31 of 2007, Monday, 13 August 2007
Interest rates - The beginning of a new week and who knows
what is going to happen with the interest rate? Central bank governor
Tito Mboweni did warn South Africans that they will proceed with
an increase. No good news for home owners.
Overall the house price index for South Africa does not
look bad at all, a 16.74% house price increases y-o-y to
Q1 2007. South Africas house prices have been escalating
for seven continuous years, with price increases peaking at 30%
a ticket will allow you entrance into this mansion. Graceland, home
of the King. Since he died in 1977, Elviss mansion, Graceland,
has become a shrine, the reason for thousands of peoples pilgrimage
to Memphis, a hot and sticky city on the banks of the Mississippi
River, which is also home to large and aggressive mosquitoes. The
mansion is set well back from the road on rolling lawns and obscured
by tall trees between which the driveway winds. A high wall, covered
with devoted fans declarations of undying love, adds to the
relative privacy. Fans all over the world are prepare to mark
the 30th anniversary of his death.
Since the implementation of the National Credit Act in June, disposable
income has become part of the latest industry jargon. However,
if youre not au fait with how this is determined, you probably
wont be able to position your bond application in such a way
that you qualify for the bond you require. Property Finance Specialist,
Tess Rodrigues of Property Factor, gives some insight into how your
available disposable income is determined and what factors are taken
into account. From www.rodneyhayter.com
In 1873 a town was proclaimed on portions of the farms Elandsfontein
and Doornfontein, owned by Hendrek Greef. The town was named by
President Thomas Francois Burgers of the Zuid-Afrikaansche Republiek.
He hoped that the town could become the light of the region. Lichtenburg
became a municipality in 1904. In 1926 a diamond was found by a
labourer named Jan on the farm Elandsputte, owned by Jacobus Voorendyk.
There was a diamond rush with more than 100'000 diggers over the
next year. By 1935 the rush was burnt out after 7 million carats
of diamonds were found, Focus on Lichtenburg, North West,
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