EBS has become the latest financial institution to announce an increase in variable mortgage rates.
The building society today said it would increase its standard variable mortgage rate by 0.25% to 4.93% from 1 October.
It said this would add around €12 a month to its customers' average monthly repayments.
Dara Deering, Director of EBS Retail Business, said the new rates were due to the continued increase in the cost of funds to EBS.
Last week, Bank of Ireland announced plans to increase its standard variable mortgage rate by 0.5% next month.
