As South Africa navigates a pivotal moment in its economic landscape following the 2026 National Budget Speech, home buyers have reason to pay close attention to how fiscal policy, interest rates, and lending environments are shaping the property market.

At MultiNET Home Loans, we understand that buying a home is one of the most significant financial decisions you’ll ever make. With property prices, interest rates and tax policies all evolving, clarity and expert guidance have never been more important.

1. The Budget’s Impact on Home Buying Power

The 2026 Budget emphasised fiscal sustainability and moderate relief for taxpayers — a welcome backdrop for prospective homeowners. While the government did not introduce sweeping changes to mortgage-related taxes, there are important takeaways:

• Personal tax relief and improved savings incentives help buyers retain more of their income.
• Stable macroeconomic forecasts and a strengthened rand support confidence in long-term investment, including property.

For buyers, this means a more predictable environment to plan finances and evaluate affordability. MultiNET has always encouraged buyers to look beyond headlines: stability and incremental gains can be just as powerful supporters of household financial health as one-off tax changes

2. Interest Rates and Borrowing Costs

While headline interest rates are set by the South African Reserve Bank, the lending market responded to economic signals after the Budget with cautious optimism. For many buyers:

• Mortgage interest rates remain a central driver of monthly affordability.
• Even slight improvements in rate expectations can improve purchasing power over the life of a home loan.

At MultiNET, our advisors help buyers understand not only the interest rate you get today, but what it means for your repayments over time, how different loan structures compare, and strategies to minimise long-term cost — like repayment acceleration or rate resets.

3. Property Prices and Buyer Opportunity

Selected regions continue to show growth in demand, while others are becoming more accessible. What this means for you:

• Demand remains strong in family and lifestyle nodes despite broader economic pressures.
• First-time buyers may find opportunities in emerging suburbs or carefully priced developments.
• Investment buyers are watching rental demand as a source of long-term return.

MultiNET works with buyers across the country to match financial goals with neighbourhood realities — ensuring your home isn’t just a property, but part of a sustainable life plan.

4. Why Pre-Approval Matters Now

In a market where affordability is key, securing a home loan pre-approval has never been more strategic:

• It gives you a clear borrowing limit, so you shop with confidence.
• You can negotiate from a stronger position with sellers.
• It shows agents and developers you are a serious buyer.

Our advisors will guide you through the numbers, help you maximise your borrowing power responsibly, and tailor a solution that fits your circumstances — whether you’re a first-time buyer, upgrading, or investing

5. MultiNET’s Commitment to You

At MultiNET Home Loans, our mission is simple: to make your home ownership journey clear, accessible and right for you.

We pride ourselves on:

• Transparent advice
• Personalised loan solutions
• Supporting buyers through every step — from pre-approval to keys in hand

The 2026 economic outlook may feel complex, but with the right partner, it can be navigated with confidence.

Thinking of Buying? Start with Us.

Whether you’re:

• Planning your first home purchase,
• Upgrading to a larger space, or
• Exploring property as an investment,

MultiNET Home Loans is here to help you understand your position, optimise your options, and execute with clarity.

Speak to a MultiNET Advisor today — because your home journey deserves expert guidance.

0861 54 54 44 | WA 061 537 8778
www.multinet.co.za | info@multinet.co.za