Irish mortgage accounts in arrears for more than 90 days increases 13% to 32,321
May 27th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Financial Regulator today published data on Irish mortgage arrears and repossessions for the period ended March 2010. The data show that at end March 2010 there were just over 791,000 private residential mortgage accounts in Ireland to a value of €118 billion. Of these 32,321 were in arrears for more than 90 days. The data also shows that overall mortgage debt outstanding for private residential mortgages decreased by over €285 million in the first quarter of 2010.