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AAP

Holly Hales

Mortgage arrears hit three-year high amid uncertainty

CoreLogic

The average variable rate on outstanding owner occupier home loans rose to 6.39 per cent in March. (Paul Miller/AAP PHOTOS)

Mortgage arrears for Australian homeowners have reached a three-year high as interest rates remain steady after several years on the rise.

The insight comes from new CoreLogic figures on Thursday which revealed arrears reached 1.6 per cent in the March quarter of 2024.

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