ilmscore | PREPARE: Interest Rate Cuts Ahead | Jaspreet Singh X @JasonWalter1

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Unrated: 0
Prediction
Topic
Status
The Federal Reserve is highly likely to begin cutting interest rates approximately one week from the publication date of the video (September 15, 2024).
"there's a high high likelihood that the FED is going to start cutting rates in about one week from now"
Federal Reserve Interest Rate Cuts
Pending
The Federal Reserve is almost certain to commence interest rate cuts on September 18, 2024.
"the Federal Reserve Bank has pretty much all but guaranteed that they're going to start cutting interest rates on September 18th"
Federal Reserve Interest Rate Cuts
Pending
The Federal Reserve is highly likely to start cutting interest rates within a week.
"there's a high high likelihood that the FED is going to start cutting rates in about one week from now"
Federal Reserve Interest Rate Cuts
Pending
The Federal Reserve has virtually guaranteed interest rate cuts on September 18th.
"the Federal Reserve Bank has pretty much all but guaranteed that they're going to start cutting interest rates on September 18th"
Federal Reserve Interest Rate Cuts
Pending
Lower mortgage rates will increase demand for homes, potentially leading to multiple offers above asking price.
"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"
Housing Market and Mortgage Rates
Pending
An increase in home prices could lead to a subsequent rise in CPI (inflation).
"if home prices start to go up again does that mean the CPI starts to go up again"
Housing Market and Inflation
Pending
A decrease in interest rates to 5.5% is predicted to cause many people to list their houses, potentially crashing the housing market.
"if rates decrease to let's say five and a half percent that there's going to be a lot of people listing their houses for sale which is going to crash the housing market"
Housing Market and Interest Rates
Pending
Home Depot and Lowe's expect a spike in sales as soon as interest rates drop.
"as soon as interest rates drop they're expecting a spike in sales"
Housing Market and Interest Rates
Pending
Home prices have decreased year-over-year in only four years since the late 1990s (2007, 2008, 2009, 2011).
"over the past 34 years there's only been four years in which home prices decreased compared to the previous calendar year and that was in 2007 89 and also 2011"
Housing Market Trends
Pending
The speaker would 'house hack' (buy a multi-unit property and live in one unit while renting out others) if they were in their late 20s or early 20s, viewing it as a great real estate opportunity with income potential.
"if I was going back to my late 20s early 20s I would definitely house act that would be a great opportunity to you know buy some real estate and have some income from it as well"
Home Buying Strategy
Pending
In 2020, $5 trillion was printed and injected into the economy as stimulus.
"2020 we're doing $5 trillion dollar of money Printing and injecting so much more stimulus into the economy"
Economic Stimulus
Pending