The number of mortgages that are in arrears of more than 90 days has risen over the past 3 months.

That is according to quarterly figures from the Central Bank.

It says an additional 5,500 home loans slipped into arrears of 90 days since the end of March.

It means 83,251 (10.9%) of residential mortgages are now in arrears of 90 days or more.

This is compared to 77,630 accounts (10.2%) during the 1st quarter of the year.

The data also show that 84,941 mortgages have been classified as ‘restructured’ by their lenders.

These include a switch to an interest only mortgage, a reduction in the payment amount, a temporary deferral of payment, extending the term of the mortgage and capitalising arrears amounts and related interest.

The Central Bank says it is continuing to “monitor progress of the lenders to ensure they commence roll out of these new techniques before the end of the year”.

It says it will publish additional data on this monitoring in early 2013.

However there was a fall of 2.4% in the number of mortgages that are in short-term arrears of less than 90 days.

Newstalk’s Business Editor Ian Guider says it is no surprise that there has been a jump in those more than 3 months behind in their repayments.