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AAP
AAP
Politics
Dominic Giannini

Aussies falling off fixed mortgage to higher rate peaks

Jim Chalmers Australia Interest Rates
The number of Australians coming off low-interest rates locked in during the pandemic has peaked. (Russell Freeman/AAP PHOTOS)

The number of Australians coming off low-interest rates locked in during the COVID-19 pandemic has peaked.

About a million loans went from lower to higher rates between when rates started rising until the hikes paused in the middle of this year.

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