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Wales Online
Wales Online
Vicky Shaw (PA) & Steven Smith

Fixed-rate mortgages are costing £5,000 a year more than at end of 2021

Moneyfacts

The average two and five-year fixed mortgage rates available are at their highest levels since 2008, pushing up costs for borrowers, according to analysis. Across all deposit sizes, the average two-year fixed mortgage on the market on Tuesday had a rate of 6.43%, according to Moneyfacts.co.uk.

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