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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe and Larry Elliott

SHOCKING: Uk two year fixed mortgage rates hit highest level since 2008 - What They Never Told You

Aerial view of terrace homes in Bristol
UK homeowners who are remortgaging will be paying hundreds of pounds more each month. Photograph: Adam Gasson/Alamy

Two-year fixed mortgage rates in the UK have risen to the highest level since the 2008 financial crisis, adding to the pressure on homeowners.

A typical two-year deal has risen to 6.66%, up from 6.63% on Monday, according to the data provider Moneyfacts.

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