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The Independent UK
The Independent UK
Business
Vicky Shaw

Jump in average fixed mortgage rates recorded in December, says Moneyfacts

Moneyfacts Rachel Springall
The average five-year fixed-rate mortgage across all deposit sizes had increased by 0.19 percentage points to 5.28%, the firm said (Joe Giddens/PA) - (PA Archive)

The average five-year fixed-rate mortgage rate on the market recorded the biggest month-on-month jump seen since August 2023 between November and December this year, according to a financial information website.

At the start of November, the average five-year fixed-rate mortgage across all deposit sizes was 5.09%. But by the start of December, this had jumped by 0.19 percentage points to 5.28%, Moneyfacts said.

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