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The Independent UK
The Independent UK
Business
Vicky Shaw

Average two-year fixed mortgage rate surges to highest level in 15 years

PA Archive

The average two-year fixed-rate homeowner mortgage rate has surpassed the levels seen in the aftermath of last autumn’s mini-budget, reaching its highest level in 15 years.

The typical two-year fixed-rate residential mortgage on the market reached 6.66% on Tuesday, up from 6.63% on Monday, Moneyfactscompare.co.uk said.

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