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Mortgage rates rising for those with low deposits

WEEKEND PAPERS: Mortgage rates are rising for those borrowers with the smallest deposits, figures from Moneyfacts show.

The average two-year, fixed-rate mortgage rate for those with a 5% deposit has risen to 4.18% from 3.89% six months ago, possibly reflecting increased caution after the government decided to end the help-to-buy mortgage guarantee scheme.

Rates for those with a 10% deposit have remained relatively flat around 2.7%.

Click here for the full Times article (£)

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