As at end December 2008 mortgages accounted for 46% of total credit transactions granted (excluding credit facilities), at R27.18 billion. (NCR’s Consumer Credit Report 2008 Q4)

This week’s theme: Credit in South Africa II

Related facts:

• Quick fix? During the quarter of December 2008, 95% of the short-term loan...
• Waiting As at June 2010, mortgages accounted for 65% of total outstanding...
• More to come The value of new mortgages granted increased by 13.48% from 2010...
• Moving up 92% of mortgage credit granted in 2008 was to individuals with...
• Skewed 71% of mortgages granted in the first quarter of 2011 were...