ilmscore | Prediction Details
"So, we're going to see what ends up happening with the economy. But you want to pay attention to this because if people feel strong in the economy, people feel more confident to buy a house. Same with mortgage rates. ... And we're not going to know for sure what happens with mortgage rates until after Trump comes into office and we see what happens with the Federal Reserve Bank. So, I'm not going to go too deep into that, but just understand the lower mortgage rates can increase demand. Higher mortgage rates generally decrease demand."
By Minority Mindset | November 23, 2024 | Pending
From video
Is THIS The Time To (FINALLY) Buy A House? 00:15:20 - 00:15:58
Interpreted Prediction
Economic confidence and lower mortgage rates are predicted to increase housing demand, while higher rates are expected to decrease it. The impact of these factors will become clearer after Trump takes office and the Federal Reserve's actions are observed.

Prediction Details

Topic
Housing Market Demand

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