Tag: 6%!
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Five-year mortgage rates hit 6%! How can we avoid a house price crash now? | Personal Finance | Finance
[ad_1] The average five-year fixed residential mortgage rate jumped to 6.01 percent this morning, up from 5.97 percent on Monday, according to financial data provider Moneyfacts. Two-year fixes are even more expensive at an average 6.47 percent, up from 6.42 percent yesterday. Worryingly, this is far from the end of it. Bank of England base…