ilmscore | Prediction Details
"I do think by the end of the year we'll be somewhere between let's say 6.25 and 6.75 so that they're going to come down a little bit but not into the fives"
By BiggerPockets | June 28, 2024 | Correct
From video
What Happens to the Housing Market if Mortgage Rates Stay High? 00:12:32 - 00:12:54
Interpreted Prediction
Dave predicts that 30-year fixed mortgage rates, which were around 7% in April 2024, will be between 6.25% and 6.75% by the end of 2024, but not drop into the fives.
AI Evaluation Notes
According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.82% on December 26, 2024. This falls within Dave's predicted range of 6.25% and 6.75%.

Prediction Details

Topic
Mortgage Rates
Price at the predicted date
6.82 USD

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