Current mortgage rates - why are AIB so low?

Taxi Driver

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Looking at current rates I see that AIB are the lowest in every category. Using [broken link removed] I found the following AIB rates.

Tracker Variable: N/A
Standard Variable: 3.81%
1 Year Fixed: 3.70%
2 Year Fixed: 3.60%
3 Year Fixed: 3.96%
5 Year Fixed: 4.27%
10 Year Fixed: 4.84%

Is the website wrong? The rates quoted on [broken link removed] are slightly different but are for the 19th December. I know that there are many other mortgage products that are not listed but the rates don't seem to come near AIB's rates. For example the next best 2-year fixed on the list is Bank of Ireland's 4.1% for loan to value less than 80% (4.3% otherwise). This is a full 0.5% more than the the AIB rate.

How is this? Have AIB priced in further ECB cuts ahead of them actually happening? Are they in a very strong competitive position? Given that many of our banks are in "trouble" this would seem to be a sign of strength from AIB.
 
cos AIB gets money on the inter bank market cheaper than the other irish banks cos they are the strongest of all the irish banks. very few internaltional banks trust the BOI,PTSB etc
 
Aye AIB are simply in a class of their own.

Who told you they were strongest Irish bank jimbobman?
 
The question is has anybody got loan approval recently and managed to draw down on those rates?
 
RTE & Yahoo showing AIB down 25% to 1.45 (just today).

Strength is relative I suppose.
 
they are the strongest as they have the largest deposit base. they actually have lorry loads of cash unlike the PTSB
 
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