Could Redfin be correct predicting 7% interest rates in 2025?

[Gregory Schwartz]

I just read this article from Redfin (Housing Market Predictions for 2025) that predicts mortgage rates will stay at 6.85% in 2025.

That seems like one of the few predictions saying rates will stay that high. Are they way off, or could they actually be right?

In my local market (College Station, TX), high rates in 2024 already caused a big jump in inventory, which created some good buying opportunities. If rates stay high, do you think inventory will keep climbing, opening up even more deals for buyers who are ready to pounce?