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The Independent UK
The Independent UK
National
Lamiat Sabin

Homeowners ‘face £200 a month mortgage rise’ as average interest rate nears 10-year high

Pandemic
Joe Giddens/PA

Some homeowners are reportedly set to fork out at least £200 more every month after the average interest rate for a two-year fixed-rate mortgage deal has exceeded 4 per cent.

Since the start of this month, the interest rate has climbed to 4.09 per cent, the highest in nearly a decade, according to the analyst Moneyfacts.

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