Business

UK Mortgage Rates Rise Again as Kwarteng Bids to Gain Tory Trust

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The average five-year fixed-rate mortgage on a home rose to 6.19%, the highest since November 2009 and up from 5.48% a week ago, according to Moneyfacts Group Plc. The average two-year fixed-rate deal rose to 6.31%, the highest since November 2008, after breaching the 6% threshold for the first time in almost 14 years last week. 



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