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Indebta > Finance > Mortgage rates fall in latest week. Economists say this could mark the start of a decline in rates in 2023
Finance

Mortgage rates fall in latest week. Economists say this could mark the start of a decline in rates in 2023

News Room
Last updated: 2023/05/11 at 1:41 PM
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The numbers: Mortgage rates fell for the second week in a row amid expectations of inflation slowing over the rest of the year.

The 30-year fixed-rate mortgage averaged 6.35% as of May 11, according to data released by Freddie Mac on Thursday. 

It’s down 4 basis points from the previous week — one basis point is equal to one hundredth of a…

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News Room May 11, 2023 May 11, 2023
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