BBC News·3 min read·medium
UK mortgage rates rise to highest level for a month
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✦AI Summary
UK mortgage rates have risen to their highest level in a month as market concerns over Middle East tensions dampen expectations for interest rate cuts. Lenders are increasing rates on new fixed deals in response to higher funding costs.
Image source, Getty Images By Kevin Peachey Cost of living correspondent Published 2 hours ago UK average mortgage rates have risen back to the level of a month ago as renewed tensions in the Middle East feed through to homeowners.
economybusiness
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