Report: Mortgage arrears to peak at 16.5%17/08/2012 - 07:25:39
A new report is warning that mortgage arrears amongst owner occupiers in Ireland could peak at 16.5%.
The prediction is contained in a paper on the Irish economy from Davy research.
It also expresses concern about arrears on buy-to-let mortgages, which they see running at more than twice the rate of the owner-occupier category.
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