Analysts said these rising borrowing costs were taking a toll on activity in the housing sector. Moneyfacts, the financial product data company, reported the average five-year fixed mortgage rate hit its highest level since October 2023, at 5.94%, on Tuesday.
Business / United Kingdom
UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs
HousingMortgagesMoneyBusinessUK News
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| Outlet | Niral Score |
|---|---|
| The Guardian Australia (Business)as they published this story | 9.1 |
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