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The Independent UK

Business

Vicky Shaw

Average five-year fixed mortgage rate less than 6% for first time in seven weeks

Rachel Springall

The average five-year fixed mortgage rate has dropped below 6% for the first time in seven weeks, according to analysis.

Mortgage lenders are offering 5.95% on average for a five-year fixed-rate deal, Moneyfacts.co.uk found.

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One subscription that gives you access to news from hundreds of sites

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