Tell us: are you affected by the 6% mortgage rate?
Will the mortgage rate rise change your plans to buy a house or move? The average cost of a five-year fixed-rate mortgage has hit the 6% barrier for the first time in three years. Figures from financial information provider Moneyfacts show the average is now 6.00%, its highest point since September 2023, while the average two-year fixed rate is 5.98%, its highest since December of the same year.
Read in depth: Business
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Sources and context
The GuardianSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-08. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.