Written by David O’Dowd You may have followed this story in the media recently, AIB on the back of a hugely profitable year have decided to restore 3,300 homeowners to trackers and offer refunds for interest overpayments,  compensation of 15% of the refund, and up to €600 for independent legal advice. This was discovered following a call by the ECB to carry out a review of tracker mortgage related issues. An AIB tracker mortgage is essentially a home loan with an interest rate set at a percentage above the fluctuating European Central Bank (ECB) rate, if the ECB rate goes up so does your Tracker Mortgage rate, likewise if the ECB rate goes down then so does your Tracker Mortgage rate. AIB have acknowledged it has been charging some customers the more expensive variable rates on their mortgages when they were entitled to be on cheaper tracker rates. In the