Number of mortgages in long-term arrears continues to decline, new figures show 

The number of homes in arrears over 90 days stood at 29,034 as of the end of December, new Central Bank data shows

Of the 705,045 private residential mortgage accounts for homes in Ireland, 47,734 accounts were in arrears as of the end of December. 

The number of home mortgage accounts in arrears over 90 days fell by 3% last year, driven by a steady uninterrupted decline in those who have been in arrears longer than a year, new data from the Central Bank shows.

The data shows as of the end of December, there were 705,045 private residential mortgage accounts for homes in Ireland worth over €100bn. Of the total stock, 47,734 accounts were in arrears — an increase of 409 over the last three months of the year.