ilmscore | Prediction Details
"in the beginning part of 2024 the average 30-year fixed rate mortgage was around 8% a year so now if you went out and you financed 100% of this house $426,000 at 8% that means that now your monthly payment on this average home would be 3,100 and $26 a month"
By Minority Mindset | October 4, 2024 | Pending
From video
MOODYS: How To Fix The Housing Crisis 00:05:15 - 00:05:27
Interpreted Prediction
In early 2024, an 8% mortgage on the median home price of $426,000 would result in a monthly payment of $3,126.

Prediction Details

Topic
US Housing Market

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