UK mortgage rates stabilise for first time since May; Rising interest rates knock £2.1tn off household wealth – as it happened

UK mortgage rates held steady today, as a new report shows that rising interest rates have reversed rise in household wealth

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The number of residential mortgage products on the market has dipped this morning, Moneyfacts reports, to 4,246 today from 4,312 on Friday.

Newsflash: UK fixed-rate mortgage costs have stabilised today, having risen steadily in recent weeks.