Some coverage on this topic, and why non-bank lenders might be able to undercut mortgage rates quicker than banks. I haven't fully read yet.
https://www.irishtimes.com/business...interest-rates-study-finds-1.3820799?mode=amp
https://www.goodbody.ie/assets/Goodbody_Morning_Wrap_11_March_2019.pdf
https://www.irishtimes.com/business...interest-rates-study-finds-1.3820799?mode=amp
https://www.goodbody.ie/assets/Goodbody_Morning_Wrap_11_March_2019.pdf