ilmscore | Home Prices Hit a Record High — Trump Proposes a Solution

Home Prices Hit a Record High — Trump Proposes a Solution

Published: 2025-07-25
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
Home sales, home building, and house prices are predicted to slump unless mortgage rates significantly decrease from near 7% soon. This decline appears unlikely.
"home sales, home building, and even house prices are set to slump unless mortgage rates decline materially from their current near 7% soon. That however seems unlikely."
US Housing Market
Pending
Average prediction for 30-year fixed mortgage rates by end of Q3 (September) is 6.6%. NAR predicts 6.4%, while MBA predicts rates will remain near 6.8%.
"So the average prediction is that we're going to drop slightly to around 6.6%. ... The National Association of Realtors is predicting 6.4%. And the Mortgage Bankers Association is predicting that we're going to stay flat near 6.8%."
US Mortgage Rates Forecast
Pending
No significant decrease in mortgage interest rates is expected for the remainder of 2025.
"for the remainder of 2025, I don't expect much relief on mortgage interest rates."
US Mortgage Rates
Pending
Significant changes in mortgage interest rates are anticipated in 2026.
"But in 2026, yes, we might see some big changes in the rates for mortgage interest rates."
US Mortgage Rates
Pending
Following Trump's replacement of Powell as Fed Chair in Spring 2026, a new Fed chair is expected to cut interest rates significantly.
"But once Trump replaces Powell in the spring of 2026, it's most likely going to be a new Fed chair that's expected to cut interest rates significantly."
US Federal Reserve Interest Rates
Pending
President Trump is proposing a tax break making profits on home sales tax-free to increase housing supply.
"President Trump is now suggesting a new tax break where any profits on selling a home would be tax-free. ... So the purpose of this would be to encourage people to sell their homes which would add to the supply of homes for sale."
US Housing Market Policy
Pending
Marjorie Taylor Green has introduced the 'No Tax on home sales act', and Donald Trump supports it as a measure to stimulate the housing market.
"Congresswoman Marjorie Taylor Green introduced the No Tax on home sales act in the House of Representatives, and President Trump said, "We're thinking about no tax on home sales to unleash the housing markets."
US Housing Market Policy
Pending