What's going on everybody? Welcome back to this week's segment of the no limit minute.

And I actually just got back from like a seven-eight day long vacation. So I'm a little bit out of the business mindset, right, having to put myself back into the mindset of working after being on vacation for so many days. But what I've heard a lot, even on vacation and before vacation and what I've seen in the market specifically as I'm sure a lot of you have seen right

rates are starting to go down just a little bit now don't get too excited rates are going down a little bit. Now don't get too excited.

The rates are going down a little bit, but that doesn't mean that we should all flock back

and buy deals as quickly and as fast as we can.

You guys now I'm almost always pro acquisition, depending on the asset

class and the market and everything else, we're actively looking to continue to acquire

and we've got a business we're actually looking to acquire before the end of the year.

However, what I think is happening with the rates coming down is if you guys remember on a couple of episodes ago. I really wish I could remember the

number of the episodes so I could steer you back towards it. We were talking with someone and talking

about what we had discussed in greater length at the in-person

mastermind event that we hosted in October of this year. So it had to be somewhere around that time frame, sometime after that.

We had a chief economist come out and talk to us about how the economy actually

functions and flows. And based on what we learned from that, now seeing that the rates are starting

to come down, we know that some of those data points had to have been

positively affected in order for the Fed to have any level of desire to actually

bring rates down. There's a lot of different kinds of rates, right?

There's Prime or the 10-year Treasury,

and different types of mortgages follow different types of trends.

So mostly what we've seen is we've just seen

the 10-year Treasury come down.

We've seen rates specifically for the residential single family side of the business come down.

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