The current average 30 year fixed mortgage interest rate is 6.82%.

If you are waiting to buy a home until mortgage interest rates fall below 6% you might be waiting a while.

A compilation of mortgage interest rate projections by Fast Company (here) show the following projected mortgage interest rates for the first and second quarter of 2025...

Mortgage Bankers Association:  

5.9% in 2025-Q1

5.8% in 2025-Q2

Fannie Mae:

6.3% in 2025-Q1

6.2% in 2025-Q2

Wells Fargo:

6.0% in 2025-Q1

5.9% in 2025-Q2

It seems that mortgage interest rates may very well stay near, at or above 6% for at least the next year.

Read more here.