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Evening Standard
Evening Standard
Business
Vicky Shaw

Average five-year fixed mortgage rate edges back down towards six per cent

Moneyfacts Matt Smith HSBC UK Rightmove

The average five-year fixed-rate homeowner mortgage is edging closer to falling back below the six per cent 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 per cent, edging down from 6.04 per cent on Tuesday, Moneyfacts said.

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