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The Independent UK
The Independent UK
Business
Vicky Shaw

Average two-year fixed-rate mortgage tops 6% for first time in 2023

Moneyfacts Inflation ​​Rishi Sunak Sam Richardson Bank of England Which
PA Archive

The average two-year fixed-rate homeowner mortgage on the market has topped 6% for the first time this year.

The rise takes the rate back towards territory last seen during the market volatility that followed last autumn’s mini-budget.

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