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Lurgan estate agent says market remains robust despite rising mortgage costs

Summary by Ground News
The average rate on a two-year fixed deal is now 6.66%. This is a level we haven't witnessed since August 2008. Central banks often adjust interest rates in response to economic conditions, such as periods of growth or to combat inflation. As a result, the rise in interest rates can directly impact the affordability of mortgages.
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Armagh i broke the news in on Friday, July 14, 2023.
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