Write For Us

Banking Rates: Five-year fixed mortgage rate nudges over 6%

Sponsored Post Vitamin D2 Canada Persia
34 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
The average five-year fixed mortgage rate has risen above 6%, new figures have revealed.

The last time rates were this high was November 21 last year, following turmoil sparked by the mini-budget in September.

Major banks have been summoned to a meeting with the Financial Conduct Authority (FCA) to discuss concerns surrounding interest rates for savers lagging behind the rising cost of mortgages.

Cost of living latest: https://news.sky.com/story/snowballing-driving-up-mortgage-prices-with-lenders-now-competing-to-raise-rates-cost-of-living-live-updates-12615118

#mortage #savings #skynews

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
Category
World
Tags
mortgage rates, mortgage rates uk, mortgage interest rates
Sign in or sign up to post comments.
Be the first to comment