January 2024 Newsletter Introduction

WELCOME 2024!! How’s the first couple of days into the new year? Have you already planned your next getaway already? I had originally and anticipated to be a single parent for 2 weeks this January when the hubs was suppose to go overseas for a solo trip. However, he decided in wanting a family trip later in the year instead. I am a little disappointed – as I was really wanting him to enjoy his solo trip as he hasn’t had one in such a long time!

As for the market and rates, most people are anticipating to see how the rates are holding up and whether there will be any changes for the next rate announcement happening on January 24th. From December till now, there has been some uptick in activity in the market as more buyers are confident in jumping into the market as fix rates have dropped significantly due the holding rates. Will we see more rates to continue dropping which can impact the variable to drop as well? Time can only time.  

– Sam