Number of home loans in arrears increases slightly in final quarter of 2023

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 98%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

The overall increase was driven by a rise in the number of PDH mortgage accounts in arrears of less than one year

Some 47,734 of PDH mortgages were in arrears by December 2023, an increase of 409 accounts, or 0.86 per cent, compared to the previous quarter.

Latest figures from the Central Bank show that some 47,734 of these PDH mortgages were in arrears by December 2023, an increase of 409 accounts, or 0.86 per cent, compared to the previous quarter. The number of PDH accounts in arrears of more than 90 days but less than one year was 8,766 by the end of December, an increase of 393 compared to the previous quarter.Meanwhile, the number of accounts in long-term arrears stood at 20,268 at the end of 2023, a decrease of 657 accounts from the third quarter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in PROPERTY

Property Property Latest News, Property Property Headlines