ilmscore | Prediction Details
"And so, if more people say, "I can afford a mortgage at 5%." Does that mean that more people are going to go and start making offers on homes? And if they do, does that mean we're going to start to see more bidding wars? And if they do, does that mean the home prices are going to start to shoot up even more?"
By Minority Mindset | September 19, 2024 | Pending
From video
The Fed SHOCKED Wall Street With Their Rate Cut 00:08:01 - 00:08:11
Interpreted Prediction
If mortgage rates fall to 5%, it could lead to more people making offers on homes, increased bidding wars, and a subsequent rise in home prices.

Prediction Details

Topic
Housing Market

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