Average two-year mortgage rate close to 6%

Lenders have been increasing the cost of new fixed-rate deals rapidly during a tumultuous week.

Wonder what has caused the sudden rise in the last few months

Granary 3 points 3 years ago

Would be nice if house prices fell to match the reduced amount people can borrow now. Feels bad that houses can just get more and more unaffordable with each increase

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Mjb 2 points 3 years ago

Meanwhile, media doom clickbait "House prices could fall 35%!!"

Clown shows, the lot of them. If you don't build enough houses house prices do not go down over time.

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