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ilmscore | Prediction Details
"if mortgage rates come down enough and you have more dormant home buyers saying huh I can afford a $500,000 home now because my mortgage payment is a lot cheaper let me go make an offer and now instead of having two or three offers you have 11 or 12 offers"
By
Minority Mindset
|
September 15, 2024
|
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From video
PREPARE: Interest Rate Cuts Ahead | Jaspreet Singh X @JasonWalter1
00:03:34 - 00:03:46
Interpreted Prediction
Lower mortgage rates will increase demand for homes, potentially leading to multiple offers above asking price.
Prediction Details
Topic
Housing Market and Mortgage Rates
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