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Mortgage Rates: How does the rise affect you?

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The average rate for a two-year fixed mortgage has risen to more than 6%, which could mean an increase of nearly £3000 for people who are looking to renew this year.

Sky's business correspondent Gurpreet Narwan has been examining the potential impact for millions on, or looking to get on the property ladder.

Read more here: https://news.sky.com/story/mortgage-misery-what-is-causing-the-crunch-will-it-get-worse-and-what-can-you-do-if-you-are-struggling-12904191

#mortgagerates #costofliving #skynews

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Category
World
Tags
mortgage rates, mortgage rates 2023, mortgage interest rates
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