UK mortgage rates set to rise as bond sell-off drives up borrowing costs – business live

Rolling coverage of the latet economic and financial news UK mortgage rates have not - yet - been pushed up by the bond market crisis, new data shows. Moneyfacts reports: The average 2-year fixed residential mortgage rate today is 5.59%. This is unchanged from the previous working day. The average 5-year fixed residential mortgage rate today is 5.63%. This is unchanged from the previous working day. Continue reading...