Average mortgage rates edge up again after brief fall, market data shows

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BREAKING: Fixed mortgages rates have risen again after a brief fall, according to figures from a financial information website

Fixed mortgage rates have risen again after a brief fall, according to the latest market data.

The average two-year homeowner mortgage rate on the market edged back up to 6.8% on Friday from 6.79% yesterday, financial information company Moneyfacts said.The fleeting dip wasMore than 400,000 people were expected to move off existing fixed deals between July and September, meaning they are likely to sign up to higher monthly repayments.had slowed quicker than expected, giving a glimmer of hope for under-pressure mortgage borrowers.

 

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