RAMS Home Loans franchises announce discounted fixed home loan rates

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

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

For many Australians the biggest monthly expense is their mortgage, which is why RAMS Home Loans franchises are encouraging people to consider whether their home loan still works for them and offering reduced home loan rates.

"RAMS is offering customers a financial break by reducing our two year fixed rate by 24 basis points to 6.35% p.a. and cutting the three year fixed rate by 20 basis points to 6.39% p.a. in line with our competitive Standard Variable Rate home loan,” says RAMS Home Loans CEO, Melos Sulicich.

These two and three year fixed rates are in addition to the current RAMS Home Loans one year fixed rate, now reduced 15 basis points to 6.30% p.a. In the last three months, RAMS Home Loans franchises have 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.

“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,” says Sulicich. 

On top of the great rates offered by RAMS Home Loans franchises, customers are guided through every stage of the home loan process by teams of local, knowledgeable mortgage specialists, a personalised customer service that provides peace of mind and confidence.

The reduced fixed home loan rates are available for a limited time only for all new RAMS Home Loans customers and existing customers who are seeking to move from variable to fixed rate home loans.