Forecasts say rates will stay above 6% – no major drop expected in 2025.
The Fed has paused rate cuts – no changes so far this year.
Next Fed meeting is Sept 16–17 – odds favor rates staying the same.
Mortgage rates follow 10-year Treasury – yield sits at 4.34%, keeping rates near 6–7%.
Lower rates need inflation to drop – no strong signals of that yet.
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