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The Independent UK
The Independent UK
Business
Vicky Shaw

Fixed mortgage rates continue to climb above 6% as choice of products improves

Moneyfacts
PA Wire

Average fixed mortgage rates are continuing to climb, pushing up costs for borrowers.

Earlier this week, the average two-year fixed-rate deal topped 6% for the first time in 14 years and the average five-year fixed rate hit 6% for the first time in 12 years, according to data from Moneyfacts.co.uk.

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