ilmscore | What Just Happened To The Housing Market?! (What It Means For You)

What Just Happened To The Housing Market?! (What It Means For You)

Published: 2025-12-22
Status: Available | Analyzed

Predictions from this Video

Total: 10
Correct: 4
Incorrect: 4
Pending: 2
Unrated: 0
Prediction
Topic
Status
The Federal Reserve Bank has stated they cannot fix the current housing market problems.
"And now the Fed is also saying that we don't think that we can fix the problem."
Housing Market
Correct
From 2019 to the present (likely 2025/2026), home prices have increased by 60%, monthly mortgage payments by 100%, while average incomes have only risen by less than 25%.
"Home prices are up 60%. Monthly mortgage payment up 100%. But average incomes in the United States have gone up by less than 25%."
Housing Market
Incorrect
The Trump administration is considering a policy that would allow individuals to transfer their current low mortgage rates to a new home.
"This is where the Trump administration is currently considering a portable mortgage, which is you can keep that same mortgage rate and move into a new house."
Trump Administration Policy
Incorrect
A 'portable mortgage' policy, allowing homeowners to keep low pandemic-era mortgage rates, is under consideration by the White House and could be implemented in 2026.
"That way, you don't have to leave that 2 and 1 half or 3 and 1 half% mortgage that hasn't been approved just yet. But just know it is on the desk in the White House to potentially be a thing in 2026."
Trump Administration Policy
Incorrect
The Trump administration is actively encouraging and pressuring builders to increase housing construction.
"On the construction side, we are seeing more construction today than previously, but we're seeing more pressure by the Trump administration to say, "Hey, build even more housing.""
Housing Market
Correct
Jerome Powell's term as Federal Reserve Chairman is set to expire in 2026.
"Jerome Powell is the chairman at the Federal Reserve Bank? Well, his term is expiring in 2026."
Federal Reserve Leadership
Pending
President Trump intends to replace Jerome Powell with a nominee who favors aggressive interest rate cuts.
"President Trump has made it very clear that he wants to replace Jerome Powell with somebody else who is going to be much more interested in cutting interest rates aggressively."
Federal Reserve Leadership
Incorrect
A potential replacement for Jerome Powell in 2026, driven by President Trump's preference for aggressive interest rate cuts, could lead to lower mortgage rates.
"So if Jerome Powell is replaced by somebody who wants to aggressively cut interest rates in 2026 like President Trump says he wants to do, we'll see what actually happens. That could mean lower mortgage rates will come then."
Mortgage Rates
Pending
A hypothetical drop to a 4% mortgage rate would likely incentivize a significant number of people to begin house hunting again due to reduced monthly payments.
"If we saw hypothetically a 4% mortgage rate, what do you think is going to happen? A lot of people are going to wake up and say, "Hm, maybe I should start house shopping again because now my mortgage payments are going to go down.""
Mortgage Rates
Correct
Significant changes and volatility are anticipated in the housing market during 2026.
"And we can expect more shakeups coming in 2026."
Housing Market
Correct