Goggin, Jean; Holton, Sarah; Kelly, Jane; Lydon, Reamonn; … - Central Bank of Ireland - 2012
This Letter examines movements in the interest rates charged on variable rate mortgages. The results indicate that variable rates for all lenders closely followed changes in the ECB's policy rate, short-term wholesale rates and tracker rate mortgages until the end of 2008. Thereafter, the...