Mortgage rates shoot up to 5.5% milestone

The average mortgage rate has hit 5.50% in what is being described as an ‘unwelcome milestone’ for borrowing costs.

​  The average mortgage rate has hit 5.50% in what is being described as an ‘unwelcome milestone’ for borrowing costs.  

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The average mortgage rate has hit 5.50% in what is being described as an ‘unwelcome milestone’ for borrowing costs.