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Daily Mirror
Daily Mirror
Business
Ruby Flanagan

Mortgage rates soar to highest level for 15 years - and worse than after Mini-Budget

Moneyfacts United Kingdom

Mortgage costs have officially hit the highest level for 15 years with the average rate for a two-year fixed deal hitting 6.66%.

According to MoneyFacts.co.uk, the average two-year residential fixed rate today was 6.66% - up from 6.63% yesterday.

It is also 0.1 percentage point higher than the peak the UK saw after the Mini-Budget.

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