AIB announces cut to mortgage interest rates 

Move, due to come into effect next month, will see some customers save up to €125 a month

The rate cuts will come into effect on May 13. 

AIB Group has announced a cut to its fixed rate mortgages, due to come into effect on May 13, that could see customers save up to €125 a month.

The move comes following the European Central Bank's decision last month to cut interest rates by a further 0.25%.