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Liverpool Echo
Liverpool Echo
World
Remy Greasley

Have your say as thousands expected to be hit with spiralling mortgage rates

We want to hear from you as mortgage rates are expected to rise.

A typical two-year fixed mortgage deal now has an interest rate of over 6%. Today, the average mortgage rate for such a deal reached 6.01%

The BBC reported recent high inflation and strong pay growth figures means interest rates are set to rise by more than expected, leading to a rise in borrowing costs. Mortgage lenders have been increasing rates and cancelling deals in recent months.

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