RAMS today announced it will cut its standard variable home loan rate from 5.85% p.a to 5.6% p.a, effective from 20 February, 2015. Martine Jager, RAMS Chief Executive Officer commented the interest rate cuts from RAMS will help more customers into their new homes. "RAMS customers have a choice of home loan offers to cater for their individual circumstances and lifestyle needs. "The 0.25% p.a. reduction means customers will see a saving of $55 a month on a $350,000 RAMS variable rate loan with a 30 year loan term. With the current competitive interest rates and a range of home loan deals on offer, now is a great time to talk RAMS," Ms Jager said. RAMS offers a variety of home loan options to suit different needs - including for first home buyers, helping more people realise their dream of owning their own home sooner. For more information, or assistance and advice in relation to existing or new loans, customers can contact RAMS on 13 RAMS, that's 13 7267 - ends - For RAMS media enquiries and interviews, please see our Contacts page.