‘Little or no change’ in mortgage arrears figures

Mortgage arrears figures to be published today will not show any significant improvement for more than 100,000 distressed households.

Government sources said that while the number of mortgages over 90 days in arrears has dropped from 117,000 to about 116,000, there has been “little or no change in the figures”.

Sources said the figures released by the Department of Finance will show the number of permanently restructured mortgages — accounts “that became performing” — totals about 50,000.