- Mortgage rates are going to stay above 6% through 2025, according to estimates from Goldman Sachs.
- Goldman said the decline in mortgage rates should offer marginal improvements in housing affordability.
- The average 30-year mortgage rate fell to 6.62% last week after hitting a cycle-high of 7.8%.
Our Chart of the Day is from Goldman Sachs, which plots the firm's expectation that the 30-year mortgage rate will stay above 6% through 2025.