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Evening Standard
Evening Standard
Vicky Shaw

Mortgage misery as average five-year deal hits 6% for first time in three years

Moneyfacts Rachel Springall

The average five-year fixed homeowner mortgage rate on the market has reached the 6% mark for the first time in three years, according to a financial information website.

Moneyfacts said the typical five-year residential rate on Monday morning was 6.00%, up from 5.98% on Friday.

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