"if mortgage rates start falling what would happen... if more people start to bid on homes then you could start to see more bidding wars because we just broke a new record high in home prices and we also still have a very low inventory of homes available for sale... that could push home prices up even more"
By Minority Mindset | August 1, 2024 | Pending
From video
The FEDS Just Said Prepare For Interest Rates To FALL 00:11:46 - 00:12:46
Interpreted Prediction
If mortgage rates fall, more people will enter the housing market, leading to more bidding wars and pushing home prices up further.

Prediction Details

Ticker

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.