A mortgage broker says people can only manage for so long, with an increasing number feeling the strain. Mortgage rates are starting to fall in the face of weaker than expected inflation figures. Mortgage broker and Loan Market director Bruce Patten says the news is good, but costs continue to be difficult and widespread. He spoke to Ingrid Hipkiss.
Recent stories from Morning Report
- Morning Report Essentials for Wednesday 19 February 2025
- Survey finds thousands more endangered Archey's frogs
- Australia's central bank cuts rates for first time since 2020
- 2 Degrees to put cell towers into microsleeps to save power
- Workers confused over withdrawal of support for mental health callouts: Union