This week's mortgage rates declined slightly, continuing a recent sideways trend at the low 6% mark.Rates reflected a moderation in inflation and the banking crisis, and the consequent expectation that the Federal Reserve (Fed) is done hiking the federal funds rate.Per Freddie Macs Primary Mortgage Market Survey, the 30-year fixed-rate mortgage averaged 6.35% as of May 11, down four basis points from last week's 6.39%.
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