Refinance Mortgage News
Rams Offers Variable-rate Home Loan
Monday July 25, 1994
Rams Mortgage Finance, the Sydney-based mortgage financier, yesterday launched a variable-rate, interest-only home loan product set at 7.95per cent - undercutting markedly the rate of 8.75 per cent most Australian banks offer for similar products. The executive manager of Rams, Mr Bob Twine, said