Mortgage arrears levels still growing

The number of mortgages in arrears in this country is still growing, according to new figures from the Central Bank.

11 per cent of mortgages here are in now arrears of more than 90 days – at the end of September.

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More than 86 and a half thousand home loans were more than three months in arrears – that’s an increase of about 5 thousand on figures released at the end of June.  However, the rate of increase is slowing down.