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Fixed-rate deals hit 7%

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  • Fixed-rate deals hit 7%

    Research from financial information service, Moneyfacts, has revealed that the average cost of a two-year fixed-rate mortgage deal has risen above the 7% mark and are at their most expensive since February 1997.In addition, those looking for a five-year fixed-rate mortgage will find that the average rate on offer has now risen to 6.82%. The [...]

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