ilmscore | Prediction Details
"if mortgage rates go down to let's just say three or four or 5% what else is going to happen you have all these buyers who want to buy a home that is sitting on the sidelines that are going to say Oh you mean that it's going to cost me less money every month to own the half a million dollar home let me go and call up my realtor to see if we can make an offer as well"
By Minority Mindset | March 15, 2024 | Pending
From video
The Housing Market Will Never Be The Same 00:09:16 - 00:09:33
Interpreted Prediction
A decrease in mortgage rates to 3-5% would likely re-engage sidelined buyers, leading to increased offers on homes.

Prediction Details

Topic
Mortgage Rate Impact

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