25 Jan 2024

Mortgage broker warns of tough year ahead

From Morning Report, 6:16 am on 25 January 2024

A leading mortgage broker is warning that the coming year could be the toughest for many people in a decade or more.

Inflation has slowed to its lowest rate in more than two years, but domestic price pressures remain stubborn.

Bruce Patten of the Mortgage Brokers Association says pain is ahead.

Patten spoke to Corin Dann.