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EBS to cut fixed mortgage rates to 2.9%

EBS said all its fixed rates from one to five years will be reduced to 2.9%
EBS said all its fixed rates from one to five years will be reduced to 2.9%

EBS has said it will reduce all of its fixed mortgage rates for new and existing home loan customers. 

It said all its fixed rates from one to five years will be reduced to 2.9%.

The new fixed rate changes will come into effect from today.

Recently, EBS said it had extended its 3% "Back in Cash" offer to December 2020 for new mortgage customers, including switchers. 

This means that eligible customers will receive €3,000 back for every €100,000 in new mortgage borrowing drawn down.

EBS chief executive Des Fitzgerald said the new interest rate cuts represent significant value for mortgage customers looking for fixed rate certainty.

"Our team of dedicated "Mortgage Masters" across the country are on hand, ready to work with home buyers who are looking to realise their dream of home ownership and take advantage of the excellent value EBS offers," Mr Fitzgerald said.