19 Oct 2022

Nervous homeowners fear struggle as interest rates set to go up

From Checkpoint, 5:27 pm on 19 October 2022

Economic stress is taking its toll on the housing sector, with mortgage brokers concerned potential repayment increases will seriously stretch household budgets.

It's widely expected the reserve bank will keep lifting the official cash rate, with latest inflation figures showing price rises are not easing.

Jonty Dine reports.