EBS to reduce its fixed mortgage rates

EBS to reduce its fixed mortgage rates

EBS has announced reductions in its fixed mortgage rates for new and existing home mortgage customers.

The lender also said it will extend its 2% back in cash offer for new mortgage customers to the end of next March.

EBS said all its fixed rates will be cut, with the three year fixed reduced to 3.15% from 3.65% and the five year fixed down to 3.25% from 3.8%.

The offer of 2% back in cash is available to customers taking out fixed or variable rate mortgages on homes, including first time buyers, customers moving to a new home and customers who switch their mortgage to EBS.

The fixed rate changes come into effect from tomorrow.

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