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The Independent UK
The Independent UK
Business
Vicky Shaw

UK homeowners hit as mortgage rates see biggest daily jump since spring

Homeowners face fresh uncertainty as average fixed mortgage rates have recorded their largest daily increase since spring this year, according to a leading financial information website.

Data from Moneyfactscompare.co.uk reveals the typical two-year fixed-rate residential mortgage climbed to 5.54 per cent on Tuesday morning, a 0.04 percentage point rise from 5.50 per cent on Monday.

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