ilmscore | Prediction Details
"in anticipation of the Federal Reserve Bank cutting interest rates, we've already seen mortgage rates fall. ... we just saw a boom in refinancing applications. Week over week, we saw refinancing applications, mortgage refinancing applications jump by 16%."
By Minority Mindset | August 13, 2024 | Pending
From video
The Fed Just Confirmed It: Americans Are Poorer In 2024 00:08:24 - 00:08:51
Interpreted Prediction
Anticipating Fed rate cuts, mortgage rates have fallen, leading to a 16% week-over-week increase in mortgage refinancing applications.

Prediction Details

Topic
Mortgage Refinancing

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