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The Independent UK

Business

Vicky Shaw

UNBELIEVABLE: Average fixed mortgage rates edge closer to 6 as more deals are hiked | History Defined

Rachel Springall Moneyfacts Bank of England Richard Donnell Inflation Interest Rates Nationwide Building Society United Kingdom Zoopla

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The average two-year fixed-rate homeowner mortgage was teetering just below the 6% mark on Friday, as lenders continued to hike their rates, according to a financial information website.

Across all deposit sizes, the typical two-year fixed-rate deal jumped from 5.92% on Thursday to sit at 5.98% on Friday, Moneyfactscompare.co.uk said.

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Already a member? Sign in here

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