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Saturday 28 January 2023 Dublin: 6°C
Eamonn Farrell/Photocall Ireland
# Interesting Stuff
Do you have an AIB, EBS or Haven mortgage? Good news*!
*Except tracker mortgage holders.

THE AIB GROUP has announced it is cutting mortgage interest rates for all of its institutions.

The move will see variable rate mortgages at AIB, EBS and Haven cut by 0.25% and other mortgages cut by around .10%.

The move benefits around 146,000 existing mortgage account holders.

With the cut, customers with a €200,000 mortgage will save up to €334 a year, based on a 25 year term.

AIB Group is also introducing new fixed mortgage rates across all three brands. These include 3.80% on its three-year fixed rate and 3.90% for its five-year fixed-rate mortgages.


AIB and Haven are cutting all loan-to-value mortgage rates by 0.24%, while EBS is reducing all its LTV rates by 0.25%. AIB and Haven customers with an LTV of 50% or less will see their interest rate drop to 3.85%, while EBS customers will see it fall to 3.80%.


Bernard Byrne, Director of Personal, Business and Corporate Banking, said “AIB is now in a position to reduce variable mortgage interest rates due to the bank’s underlying positive performance and funding cost reductions. The introduction of the Bank’s new fixed rate pricing will provide better value and certainty for customers.”

Read: Aaron McKenna: The Central Bank mortgage restrictions make great sense – here’s why

Read: Thinking of saving for a house? Here’s what to expect*