Advisers shocked at rise in early-stage mortgage arrears
The Central Bank figures showed accounts in arrears for up to 90 days rose to 23,322 at the end of March, even as all other categories of longer-term arrears fell.
Overall, the figures show a further steady fall in the number of mortgage accounts in arrears, to 76,422, representing about one in 10 of all home mortgages. Of those, more than 53,000 — or 7% of all family home mortgages — owe more than three months repayments.
