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Average five-year mortgage rate hits 6% for first time in three years

Average five-year mortgage rate hits 6% for first time in three years

The cost of a new fixed-rate mortgage has been rising in recent weeks as lenders face higher costs.

October 5, 2026 at 09:54 AM Original source
1 agencies covered this story

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Notable Quotes

"Average fixed mortgage rates rising back to three-year highs will be disastrous news for borrowers."

— Rachel Springall , Other

All Coverage

Average five-year mortgage rate hits 6% for first time in three years
BBC Newsvia rss 1 quote 1 person

The cost of a new fixed-rate mortgage has been rising in recent weeks as lenders face higher costs.

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