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Expectations for another interest rate cut in November On 21 November 2024, the Monetary Policy Committee will deliver their decision regarding the interest rate. With South Africa's inflation easing and global central banks cautiously beginning rate cuts, the overall sentiment is that there is likely to be a further cut of around 0.25%.Considering home equity to pay off debt? Here’s what you need to knowThe key to making a smart decision lies in understanding when and how to use home equity effectively.Understanding home equity and why it is importantYour home is a valuable asset that can help build long-term wealth, provide financial security, and offer access to low-interest borrowing options.