What is the current repo rate in South Africa?

As of December 2025, the repo rate is 6.75%, making the prime lending rate 10.25.

This follows a succession of cuts in September 2024, November 2024, January 2025, May 2025, July 31, 2025, and November, 2025.

Experts predict potentially more cuts over the course of 2026.

Can't find what you are looking for?

Ranked #1 in Home Loans on Hellopeter

Average rating of 4.86 from over 4 550 reviews

Simply The Best

Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.

Tia J

Excellent Service

Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.

Brice G

Bond Application

Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

Butana M

Read more testimonials