Figures show major rise in mortgage arrears

New figures show a major increase in the number of mortgages in arrears last year.

Figures show major rise in mortgage arrears
Mon, 28 Feb, 2011 - 12:03

More than 44,000 homeowners are at least three months behind with their mortgage repayments.

Figures from the Central Bank show that the number of householders unable to keep up with their monthly repayments increased by 10% in the final few months of 2010.

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