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Homeowners and buyers have been dealt another mortgage blow as the average five-year fixed rate hit six per cent for the first time in three years.
The rise comes as the number of cheaper mortgages has collapsed, with almost 1,500 deals priced below five per cent disappearing in just over a month.
GB News Personal Finance Correspondent Temie Laleye explains.
#Mortgage #Home #Money #Finance #GBNews
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