Predicted that mortgage interest rates will eventually return to 4%, but not within 2025.
"I think that mortgage interest rates will ever get back down to 4%. Personally, I believe that yes, they will. However, I mean, I'm just going to be honest with you. I don't think that that's going to happen anytime soon. I would say don't expect that in 2025. But powerful forces at play and over time, I think that rates are going to come back down to this level."