Mortgage Costs Could Be Cut Due To Price War

Mortgage holders are being told there's a price war on the way that could dramatically cut their costs.

AIB is dropping its variable rates by 0.25%.

 

That could amount to a €500 reduction in annual payments according to the Irish Independent.

 

Many other lenders are expected to follow suit.

 

But Aine Carroll from the Competition and Consumer Protection Commission, says customers still need to check the fine print:

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