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? 00:12:44 - 00:12:51
Interpreted Prediction
30-year fixed mortgage rates, currently at 7% (as of April 8th, 2024), are predicted to be between 6.25% and 6.75% by the end of 2024.
AI Evaluation Notes
According to Freddie Mac, the average 30-year fixed rate mortgage was 6.82% on December 26, 2024. The prediction of 6.25% to 6.75% was partially correct as the actual rate was within 20-30% of the predicted range.

Prediction Details

Topic
Mortgage Rates
Price at the predicted date
6.82 USD

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