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Mortgage repayments see ‘highest increase’ in Australian economic history

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Executive Chairman of Yellow Brick Road Home Loans Mark Bouris says mortgage repayments are at their “highest increase” in Australian economic history.

“In the last eight months Australian mortgage holders have seen their repayments increase by about 41 per cent from where they were in April this year,” Mr Bouris told Sky News Australia.

“If you look at prices today in regional areas relative to prices pre-pandemic, there has been an enormous increase across the board.”

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