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    Average five-year fixed mortgage rate hits 6% for first time in three years

    The Guardian UK
    October 5, 2026
    via The Guardian UK

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    Average five-year fixed mortgage rate hits 6% for first time in three years

    <p>Banks and building societies raise prices as turmoil in bond markets increases expectations of base rate rise</p><p>The average cost of a five-year fixed-rate mortgage has hit the 6% barrier for the first time in three years, as jitters in the money markets make the loans more e

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