From Charlie Weston in the Indo here.
Existing customers of EBS are set to be disappointed as the lender confirmed it is not cutting its variable rate.
However, the former building society, which is part of AIB, is slashing its fixed rates for new and existing customers.
These lower fixed rates are set to challenge Bank of Ireland, Ulster Bank, Permanent TSB and KBC Bank. EBS is also extending its popular 2pc cash-back offer for first-time buyers and switchers.