ilmscore | Prediction Details
"I still think rates are going to start ticking down towards the end of the year"
By BiggerPockets | June 28, 2024 | Correct
From video
What Happens to the Housing Market if Mortgage Rates Stay High? 00:07:48 - 00:07:54
Interpreted Prediction
Mortgage rates are predicted to start declining towards the end of 2024.
AI Evaluation Notes
Mortgage rates started declining towards the end of 2024, as predicted. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.61% in the last week of December 2024, down from a high of over 7% earlier in the year.

Prediction Details

Topic
Mortgage Rates

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.