It's interesting that, in the UK, you can now get a 10-year fixed rate at 3.04% with no mortgage application fee or 2.94% with a £999 application fee. These deals are available from Nationwide.
Personally, having moved across the border to Northern Ireland 2 years ago, I've now managed to switch to a lifetime tracker at 1.29% above Bank of England Base Rate, i.e. the rate is currently 1.79%. This particular rate is with First Direct.
Will Irish rates ever revert to such low levels? I don't fancy the chances of it happening. I'm considering paying down my mortgage in NI for a few years and, potentially, moving back south when the mortgage required is so low that the high Irish interest rates won't impact me so much.