Julian Benson
on July 5th, 2023 The average rate for a five-year fixed mortgage now has an interest rate of more than 6% in the UK. This is the highest level since last November and underlines the pressure put on borrowers looking to buy a home or are nearing the end of existing deals. The average two-year fixed deal is now at 6.47%, up from 6.42% on Monday.
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