ilmscore | The Fed Cuts Rates 0.50% - What It Means for the Housing Market

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
30-year fixed mortgage rates are predicted to stay in the low 6% range by the end of 2024, possibly reaching the high 5% range, but not the low 5% range.
"I am not personally as bullish as other people saying that we're going to get rates into the fives low fives by the end of the year I don't think that's going to happen I think in 2024 we'll probably stay in the low six is close to where we're at right now it's possible get into the high fives"
Mortgage Rates
Pending
Year-over-year home price appreciation predicted to be in the 3% to 5% range for the remainder of 2024.
"I think we're gonna continue to see the like solid price appreciation on a year-over-year basis somewhere in a three to 5% range for the rest of 2024"
Housing Market - Home Price Appreciation
Pending