Ireland AIB announces mortgage interest rate cuts

DUBLIN, Ireland: AIB has announced a reduction in interest rates for some of its fixed-rate mortgage products, offering relief to new and existing homebuyers.

The bank has lowered rates on its five-year green fixed mortgage and four-year fixed mortgage for customers borrowing 250,000 euros or more, cutting the rates by 0.25 percent.

As a result, the interest rate for the green mortgage now stands at 3.2