Mortgage rates edge closer to 6% as lenders continue to reprice

Average fixed mortgage rates crept closer to 6% this week as lender repricing continued, according to the latest Moneyfacts Rate Watch. The typical two-year fix is now 5.92%, its highest level in over two years and up from 5.84% last week. Meanwhile the average five-year…

The post Mortgage rates edge closer to 6% as lenders continue to reprice appeared first on Mortgage Strategy.

Mortgage rates edge closer to 6% as lenders continue to reprice

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