UK house prices were down 2.6% in value during November, representing an annual drop of 14.9% since last year according to new figures from the Halifax.
AIB has announced that it will no longer offer Tracker Mortgages to new mortgage applicants, effective from close of business on Friday 10th October 2008.
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AIB is cutting its 2 year fixed mortgage rate by 0.55% to 5.20% and its 3 year fixed mortgage rate from 0.25% to 5.20%.
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AIB has announced changes to its lending and deposit rates, which follows the ECB interest rate increase of 0.25% which was announced on 3rd July 2008.
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AIB Bank has announced that it is to increase some of its mortgage rates with effect from the 16th June.
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AIB has announced that it will no longer offer a one year discount on Tracker Mortgages for new customers effective from close of business Tuesday 22nd April 2008.
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AIB is offering a market leading 3 year fixed rate of 4.90% (APR 5.14%) on all owner occupier mortgages to both new and existing customers.
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Reports are indicating that AIB has cut it’s estimates for the number of new homes they expect to be built in Ireland next year.
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Following the ECB interest rate increase of 0.25% which was announced on 6th June 2007, AIB is announcing changes to its lending and deposit rates, with effect from close of business Monday, 18th June 2007.
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