First-time buyers face rising mortgage costs and deposits
First-time buyers are encountering increased financial pressure from rising mortgage rates and deposit requirements, according to analysis from Moneyfacts. The average new mortgage rate now stands at 5.59%, up from 4.90% in March, with low deposit buyers facing rates above 6%. The post First-time bu
<p>First-time buyers are encountering increased financial pressure from rising mortgage rates and deposit requirements, according to analysis from Moneyfacts. The average new mortgage rate now stands at 5.59%, up from 4.90% in March, with low deposit buyers facing rates above 6%.
The post First-time bu</p>