Average mortgage rates have moved higher compared to last week as future homeowners struggle to find a decent mortgage rate. The average rate on a two-year fixed deal this week stood at 5.79, higher than the previous 5.74%, while rates for a five-year deal came in at 5.31%, above last week's 5.24%, according to figures from Uswitch. Anxiety has set in among UK mortgage lenders, with rates being hiked left, right and centre, amid uncertainty about how the Bank of England's (BoE) interest rate path will play out. This follows the BoE’s decision to leave UK interest rates on hold at their current 16-year high of 5.25% for a fifth consecutive time. Uswitch mortgage expert Kellie Steed told Yahoo Finance UK: “Some mortgage lenders pulled deals to price them at a higher mortgage rate this week. A change that was largely expected, in response to the inflation news and subsequent rise in swap rates late last week. At least half of the big six lenders (HSBC, Barclays and NatWest) had all edged rates upwards at the time of writing, and it’s likely that others will follow suit. "Building societies, such as Leeds and Yorkshire, and Accord Mortgages have also increased...