ilmscore | Mortgage Rates Drop 1% (Is Now a Good Time to Buy a House?)

Mortgage Rates Drop 1% (Is Now a Good Time to Buy a House?)

Published: 2024-08-13
Status: Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
Property price growth rate will decrease, leading to flatter prices.
"although I think that growth rate is going to come down and we're going to see flatter prices"
Real Estate
Pending
Mortgage rates are not expected to drop further in the near future.
"I wouldn't count on it [rates dropping further] at least for a while"
Mortgage Rates
Pending
Mortgage rates have an equal chance of going lower or climbing higher in the next two to three months.
"in my opinion there is a chance that mortgage rates go lower in the next couple of months but there is also equally good chance that they climb back up"
Mortgage Rates
Pending
Mortgage rates are not expected to return to mid-7% levels but have a decent chance of climbing higher through the end of 2024.
"I don't personally think they're going to get back into the mid sevens but I think there's a decent chance that they climb back up throughout the rest of this year"
Mortgage Rates
Pending