Rate Update: Fixed Rates Keep Falling

Editorial · Market & rates

Rate Update: Fixed Rates Keep Falling

2024 is here and the fixed rates continue to drop with the Big 6 banks also jumping into the competition.

2024 is here and the fixed rates continue to drop with the Big 6 banks also jumping into the competition. We also see our first rate starting with a four and after the past few years we’ve had, that’s some excellent news. Pundits continue to estimate a resting rate in the low to mid 4’s within 2024 but only time will tell, there are no guarantees when it comes to rates! Below are some of important rate updates to pay close attention to if you’re considering purchasing a home.

Rate Summary As of January 12th 2024

Feeling a bit lost? Don’t worry, you’re not alone. Contact me to discuss what these rates mean for you and how to take advantage of them to get the best price possible on your purchase.

From the Dahan | Yassa editorial archive. Historical listings, rates, incentives and promotions may no longer apply. Contact the team for current information.

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