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Evening Standard
Evening Standard
Business
Jonathan Prynn and Nicholas Cecil

RARE PHOTOS: New mortgages blow as five year fixed rates top 6 - The Real Truth

Homeowners were dealt another huge blow today when the average cost of a five-year fixed rate mortgage rose above the six per cent mark for the first time since November.

Latest data from analysts Moneyfacts show the average five-year fixed rate up from 5.97 per cent to 6.01 per cent.

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