Rising mortgage rates are starting to “bite harder” on the UK’s fragile housing market by forcing sellers to push down asking prices. The average two-year fixed mortgage rate has risen to 5.55 per cent, up from 5.29 per cent last month and 4.25 per cent since before the war in Iran, according to…
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October 19, 2026 at 6:59 AM
Surging mortgage rates ‘biting harder’ on fragile housing market
CityAM
Excerpt from CityAM.