Munster Express Online

Last Friday, Central Bank data on mortgage arrears (to the end of December 2011) showed a huge jump to 9.2 per cent of all mortgages on last September’s figures (8.1 per cent).

Of the 768,917 known mortgages worth €113.5 billion, 70,911 of them were officially in 90 days arrears to the end of last year, compared to 62,970 at the end of September 2011.