This reduction applies to the bank’s five-year green fixed mortgage rate and the four-year fixed mortgage rate for customers borrowing €250,000 or more.


Following the European Central Bank’s recent rate cut, the new interest rate for the green mortgage is now 3.2 percent, while the four-year fixed rate is 3.7 percent.


Green mortgages are available for properties with a BER rating of A1 to B3, as well as self-build properties with over five years remaining on the mortgage term.


The updated rates will take effect on Friday, September 27th. This marks the third rate cut by AIB this year.


Additionally, AIB has extended its Approval in Principle period from six to 12 months, giving customers more time to find and purchase a new home.