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Irish Mirror
Irish Mirror
National
Danny De Vaal

€300 hit to new homeowners as AIB announces fixed-rate mortgage price hikes

AIB ECB Haven

New homeowners will have to fork out an additional €300 a year after AIB announced price hikes to its fixed-rate mortgages.

The bank has announced an immediate 0.5% increase but those who are currently in the process of securing a mortgage will have four weeks to draw down before it takes effect.

Those who are applying for a variable-rate mortgage will not be affected.

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