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  • 05 June 2019

    RAMS reduces interest rates for its home loan customers

    RAMS today announced a range of mortgage interest rate cuts for variable home loan customers, including a reduction of .20% p.a. for owner occupier customers and a reduction of .35% p.a for investor customers with interest only payments. 

    RAMS customers who choose to package their home loan with the Value Advantage Package may receive an additional discount on their home loan rate. 

    The following interest rate changes will come into effect on Tuesday 18 June, 2019. 

    • Variable home loan (owner occupier) rate has been reduced by .20% p.a. to 5.21% p.a. for customers with principal and interest repayments. 
    • Variable residential investment property loan rate reduced by .20% p.a. to 5.72% p.a. for customers with principal and interest repayments.
    • Variable home loan (owner occupier) rate reduced by .20% p.a. to 5.80% p.a. for customers with interest only repayments.
    • Variable residential investment property loan rate reduced by .35% p.a. to 6.11% p.a. for customers with interest only repayments. 

    Customers who would like information on this rate change are encouraged to contact their local RAMS Home Loan Centre, or call 13 RAMS that’s 13 7267.

    For more information, please contact: 

    Mary-Louise Dare
    Westpac Media Relations
    M: 0434 699 605