Lower Home Loan Rates. Fixed. Make Sense? Good

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RAMS Home Loans announced the launch of a discounted two year fixed home loan rate of 6.35%p.a. (comparison rate 7.64%* p.a.) to meet the growing local demand for mortgage repayment certainty.

Forget the Rate Rises with RAMS new discounted Two Year Fixed Home Loan Rate at 6.35% p.a.

For many Australians, the biggest monthly expense is their mortgage so it makes good sense to consider whether your home loan is still works for you in the same way as when you first chose that loan.

This is why today RAMS reduces its home loan rates.

RAMS CEO Melos Sulicich said, "With the pressures of increasing interest rates, people are shopping around and seeking a more affordable home loan choice."

The advantage of a fixed rate home loan in the current environment is the security of knowing exactly what your mortgage repayment commitment will be from month to month during the fixed rate term.

"RAMS is offering customers a financial break by reducing our 2 year fixed rate by 24 basis points to 6.35% p.a. and cutting the 3 year fixed rate by 20 basis points to 6.39% p.a. in line with our competitive Standard Variable Rate home loan,” he said.

These market leading 2 and 3 year fixed rates are in addition to the current RAMS 1 year fixed rate now reduced 15 basis points to 6.30% p.a. In the last three months, RAMS has experienced a 40% increase in the number of fixed and split interest rate home loans from customers seeking to take advantage of low fixed rates.

Mr Sulicich said “These low rates are being driven by customers turning to us for more home loan options. They are very attractive especially for those people seeking to refinance for the new financial year or to get onto the property ladder for the first time.”

On top of the great rates offered by RAMS, customers are guided through every stage of the home loan process by our team of local, knowledgeable mortgage specialists. This personalised customer service provides peace of mind and confidence.

The reduced fixed home loans are available for a limited time only for all new customers and existing customers who are seeking to move from variable to fixed rate home loans. Other terms and conditions apply.

Potential borrowers seeking further information about the RAMS new fixed rate offer, can contact 13-RAMS (13-7267) or make an appointment with a RAMS Home Loan Specialist today.

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Nigel Lopez-Mcbean
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