RAMS increases .35%, St George, Firstmac and AMP raise variable rates

Posted on October 9, 2009, 4:39 am, by admin, under Mortgage News.

Following on from the RBA and the big 4 Banks St George, RAMS, FirstMac and AMP have raised their Variable Loan Interest rates.

Whilst St George, FirstMac and AMP have simply passed on the .25%, RAMs has gone slightly further and increased their rate .35%. Whilst its clearly a sign of funding pressure RAMs has been consistently lower than their competitors.

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