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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.

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

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.

 

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