AIB to cut variable mortgage rate to 3.9%

AIB has announced it is cutting mortgage interest rates on both owner-occupier and buy-to-let mortgages.

AIB to cut variable mortgage rate to 3.9%

AIB has announced it is cutting mortgage interest rates on both owner-occupier and buy-to-let mortgages.

The bank said it would reduce the standard variable rate by a quarter of one percent to 3.9%.

It follows calls from the Taoiseach Enda Kenny yesterday for banks to cut their mortgage interest rates.

This is the second rate cut by AIB in six months.

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