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The Independent UK
The Independent UK
National
Vicky Shaw

Average five-year fixed mortgage rate hits 6% for first time in 12 years

PA Archive

The average five-year fixed-rate mortgage on the market has breached 6% for the first time in 12 years.

Across all deposit sizes, two-year and five-year fixed rates now both stand at more than 6% on average, according to Moneyfacts.co.uk.

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