Latest Irish arrears/ repossessions figures show 40,472 or 5.1% of mortgage accounts in arrears for more than 90 days
Nov 17th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Central Bank of Ireland today published the latest data on Irish mortgage arrears and repossessions for the period ended September 2010. The figures show that at end September 2010 there were almost 789,000 private residential mortgage accounts held in Ireland to a value of €117.4bn. Of these 40,472 were in arrears for more than 90 days. Furthermore, the data shows that overall mortgage debt outstanding for private residential mortgages decreased by €316m since the second quarter of 2010.