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AIB joins rival bank in cutting three and five year fixed mortgage rates

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Last week, KBC dropped its fixed mortgage rates from 2.85% to 2.55%.

Image: Shutterstock/Wozzie Image: Shutterstock/Wozzie AIB IS CUTTING its three and five year fixed mortgage rates, a week after rival bank KBC announced it would be cutting its fixed rates from next month.

The country’s largest mortgage provider AIB has said it is cutting its three and five year fixed mortgage rates from 2.85% to 2.55%.Last week, KBC dropped its three and five-year fixed mortgage rates of between 0.2% and 0.3% from 1 March this year.AIB said it will also be establishing a mortgage app to allow customers to upload documents and manage their mortgage online after it has been approved.

Head of homes and consumer at AIB, Tom Kinsella, said the online applications will make the process “easier and more transparent”.

 

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dubhghaill2 Mortgage in Germany 1.1%, fixed to 10 years. Banking in Ireland is an extorsion racket, run by a cabal! PublicBanking Sparkassen

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