Here's where mortgage rates could be headed in 2025

Mortgage rates in 2025 are expected to remain above 6 percent, according to multiple industry forecasts.

“Even by the end of next year, it’s hard to see sub 6 percent mortgage rates,” said Mark Fleming, chief economist at First American, which predicts the average rate on a 30-year mortgage will range between 6 percent and 6.5 percent next year.

Various mortgage rate predictions

Bankrate predicts mortgage rates will fall to 6.5 percent by the end of next year, down...