The ongoing cost-of-living crisis has significantly impacted Irish households, leading to increased financial strain. As of September, the Central Bank reported that 27,745 mortgages on family homes were over three months in arrears. Additionally, 19,693 accounts have been in long-term arrears, exceeding one year. These statistics highlight the challenges households face in managing their financial commitments, underlining the urgent need for support and solutions to address this crisis affecting many families across Ireland.
As the cost-of-living crisis deepens, many Irish households find themselves increasingly unable to meet their financial obligations, particularly in terms of mortgage repayments.
Recent data from the Central Bank reveals alarming figures, with over 27,000 mortgages on family homes in Ireland being over three months overdue at the end of September.
Collection
[
|
...
]