Average mortgage rate rises from 4.89% to 5.50% in March: Moneyfacts

The benchmark Moneyfacts average mortgage rate has risen from 4.89% on 2 March to reach 5.50% on 25 March. This means the typical annual cost of borrowing £250,000 over 25 years has risen by more than £1,075 per year. The last time the Moneyfacts Average…

The post Average mortgage rate rises from 4.89% to 5.50% in March: Moneyfacts appeared first on Mortgage Strategy.

Average mortgage rate rises from 4.89% to 5.50% in March: Moneyfacts

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