Thursday, March 4, 2010

Mortgage Arrears Data

The Financial Regulator has published some interesting data on mortgages and mortgages arrears in Ireland.  The release is available here.
The numbers show that there are nearly 800,000 outstanding mortgages in Ireland with a total balances of about €118,000,000,000 (€118 billion).  This gives an average balance of just under €150,000.
Some 28,603 mortgages are in arrears of more than 90 days.  The total balance on these mortgages is €5.33 billion.  The average balance of the mortgages in arrears is €186,000.

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