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The Independent UK
The Independent UK
Business
Vicky Shaw

Average five-year fixed mortgage rate is edging back down towards 6% mark

Moneyfacts Matt Smith HSBC UK Rightmove
PA Archive

The average five-year fixed-rate homeowner mortgage is edging closer to falling back below the 6% mark, according to figures from a financial information website.

Across all deposit sizes on the market, the average five-year fixed-rate homeowner mortgage is 6.03%, edging down from 6.04% on Tuesday, Moneyfacts said.

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