News Archive

ooba results show banks remain cautious on 100% bonds

The latest statistics released by ooba, South Africa's leading bond origination company, reveal that the decision by banks in August 2009 to start granting 100% bonds has significantly boosted the number of consumers applying for home loans.

17 February 2010
Bank decline ratios on home loan applications expected to fall

Bank decline ratios on home loan applications expected to fall

09 February 2010
Property not selling ? Avoid these pricing mistakes

With the property market beginning to show signs of a recovery, it is more important than ever to ensure your home is correctly priced. Jenny Rushin, property finance manager at ooba, SA's leading mortgage originator, said that a property listed at the right price will give sellers the greatest chance of attracting buyers.

21 December 2009
Relaxed banking criteria boosts home loan approvals

South African banks have loosened their lending criteria which has supported a revival in the property market and helped new buyers enter the market says South Africa's leading mortgage originator, ooba.

02 November 2009
Bond Approvals surge

South Africa's leading bond origination company, ooba, has seen a 55% increase in the value of approved loans from April to September this year, with a 21% surge from August to September alone.

19 October 2009
Tips on how best to get a bond

With banks beginning to relax their lending policies supporting a revival in the property market now is the time to apply for a bond, advises South Africa's

01 December 2009
Quick, cost effective fixes for your home

Most people think that a home makeover is a taking-out-a-second-mortgage event that means you have to move in with your mother-in-law while builders annex your home; but it needn't be so traumatic according to SA's leading bond originator.

17 November 2009
October oobarometer indicates 9.9% year-on-year increase in annual house prices

The October oobarometer price index recorded an increase in the year-on-year house prices of 9.9%. "This is the fifth consecutive month that the oobarometer has shown a rise in house prices and it is the biggest increase within that period," says Saul Geffen, chief executive of ooba.

15 November 2009
September oobarometer shows 1.8% rise in year-on-year annual house prices

The September oobarometer price index recorded an increase in the year-on-year house prices of 1.8%. "The September oobarometer continues to reflect an improvement in year-on-year house prices," says Saul Geffen, chief executive of ooba.

12 October 2009
Essential home buying tips

With house price indicators like the oobarometer perking up, smart buyers are slowly returning to the market and need to be armed with how to make the best purchase possible. Ben Seymour-Brown, manager of group direct sales at ooba, said: "We expect more people to return to the property market this year and certainly next as the economy recovers, the effect of lower interest rates is felt and confidence returns to bricks and mortar investment.

29 September 2009
August oobarometer - green shoots of recovery

The August oobarometer price index recorded an increase in year-on-year house prices of 6.9%. "The latest oobarometer shows an improvement in year-on-year house prices for the third month in a row," says Rhys Dyer, chief operating officer of ooba.

09 September 2009
ooba : signs of recovery in property market

ooba said today that there were definite signs that the property market slump was coming to an end with data pointing to early signs of a market recovery. "ooba has seen a 36% increase in home loans approved from April 2009 to August 2009," says Saul Geffen, chief executive of ooba.

02 September 2009