Graham Stephan, relaying another source: Fed policy rate will fall

Said on Jan 3, 2024, at 8:25 in the video.

What was said
Graham Stephan

@grahamstephan

“the 30-year mortgage rate is expected to drop as the Federal Reserve once again begins lowering interest rates or I guess more precisely put it's expected that we're going to see three rate Cuts in the next 12 months”
Watch at 8:25How To Invest & Build Wealth For Beginners
PredictionFed policy ratewill fallby Dec 28, 2024
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

Fed policy rateWindow checkedRecession (NBER)
−2%0%2%4%6%202120212022202320242025Said on Jan 3, 2024
−2%0%2%4%6%2021202220232025Said on Jan 3, 2024

Federal funds target range, upper limit: Federal Reserve Board via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

Somebody else's forecast — not scored

What was said around it

10% off enjoy thank you so much and now let's get back to the video all right now here's where things get really interesting in terms of the future of the housing market look it's no surprise the last 3 years has been incredibly challenging for anyone looking to buy real estate like low interest rates locked in new and existing home owners an inventory shortage kept prices high and interest rate hikes absolutely obliterated home affordability but in 2024 that might begin to change why well the 30-year mortgage rate is expected to drop as the Federal Reserve once again begins lowering interest rates or I guess more precisely put it's expected that we're going to see three rate Cuts in the next 12 months there's also the aspect of significant pent up demand to buy a property and as the US Census Bureau says there would be 740,000 more homeowners if the home ownership rate match the 1990 level that's expected to generate many more sales as rates begin to come down throughout 2024 this is also expected to prompt a lot more homeowners to list their homes for sale once the gap between their existing interest rate and Future interest rates begins to narrow although in terms of whether or not

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

See all