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Absa hikes home loan fees

By Staff Writer

Absa hikes home loan fees

By Marc Ashton
From Fin24

A scarcity of capital and increased costs were behind hefty increases in fees attached to home loans, said Absa, the country's largest bank.

Justmoney.co.za says:

The banks are facing a capital shortage and are desperate for your cash. This means there are some really good savings accounts out there on the market at the moment. You may also be able to get a better rate on your home loan if you consolidate your debt.

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