Pinagare home loans excite the market
Friday, July 11, 2008
The Pinagare scheme has similar features to the mortgage product available to the general public but offers lower interest rates and a 30-year repayment period as opposed to 25 years.
The main objective of the scheme is to encourage young Batswana to own houses instead of buying cars. Pinagare mortgage attracts a 14.5 percent variable interest rate, which is 2.5 percent below the prime lending rate.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...