1Q mortgage arrears decreased 0.24% to 47,620, with 28,769 homes over 90 days, 40% bank-held in March.
Mortgage arrears in the first quarter of the year decreased marginally, with 47,620 accounts in arrears, a 0.24% drop from the previous quarter. The number of homes in arrears over 90 days was 28,769, accounting for 4.1% of all private dwelling accounts. In March, 40% of private home accounts in arrears were held by banks, while 60% were held by non-banks entities.
July 05, 2024
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