Envision Funding

We Close Loans Fast!

  • Home
  • About
    • About Us
    • Privacy Policy
  • Blog
  • Resources
    • First Time Home Buyer Tips
    • First Time Home Seller Tips
    • Closing Costs
    • Home Appraisal
    • Home Inspection
    • Loan Checklist
    • Loan Process
    • Loan Programs
    • Mortgage FAQ
    • Mortgage Glossary
    • Debt Solutions
  • Applications
    • Business Funding Full Application
    • Broker Registration
    • Real Estate Lending Quick Application
  • Loan Programs
    • Business Loans
    • Commercial Loans
  • Contact

What’s Ahead For Mortgage Rates This Week – January 2nd, 2024

January 2, 2024 by Regine Lane

With the New Year, the final week only featured the normal reports of Jobless Claims, S&P Shiller Home Price Index (YoY), and the Chicago Business Barometer. All of them will have limited impact compared to the GDP and the Inflation data reports that have already been released.

S&P Shiller Home Price Index (YoY)

For the ninth consecutive month, home prices in prominent U.S. metropolitan regions have surged, reaching an all-time high. This increase is attributed to an ongoing shortage of available homes for sale. In October, the S&P CoreLogic Case-Shiller 20-city house-price index, after seasonal adjustments, showed a 0.6% rise compared to the preceding month.

Chicago Business Barometer

The Chicago Business Barometer, also known as the Chicago PMI, fell 8.9 index points to 46.9 in December.

Economists polled by the Wall Street Journal had forecast a 50 reading. 

The index had jumped to 55.8 in November, the highest level in 17 months, after the end of the United Auto Workers strike.

Primary Mortgage Market Survey Index

• 15-Yr FRM rates seeing a week-to-week decrease by -0.02% with the current rate at 5.93%
• 30-Yr FRM rates seeing a week-to-week decrease by -0.06% with the current rate at 6.61%

MND Rate Index

• 30-Yr FHA rates saw a -0.04% decrease for this week. Current rates at 6.08%
• 30-Yr VA rates saw a -0.04% decrease for this week. Current rates at 6.09%

Jobless Claims

Initial Claims were reported to be 218,000 compared to the expected claims of 215,000. The prior week was 206,000.

What’s Ahead

Next week will be a light release week with one major report being the Consumer Price Index and Producer Price Index, which will show the inflation rates over December.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

  • « Previous Page
  • 1
  • …
  • 70
  • 71
  • 72
  • 73
  • 74
  • …
  • 362
  • Next Page »

Contact Regine


PRESIDENT
Envision Funding
Private Money Lender
 Phone Office: 844-881-2206
Cell: 678-719-9669

Connect with Us!

Let’s Keep In Touch!

  • This field is for validation purposes and should be left unchanged.

Browse Articles by Category

The Latest Articles

  • Creative Ways to Finance a Home Renovation with Your Mortgage
  • The Rise of Mortgage Payment Protection Insurance
  • What’s Ahead For Mortgage Rates This Week – May 12th, 2025
  • Explaining Mortgage Options for Self-Employed Borrowers with Irregular Income
nmlsconsumeraccess.org
Equal Housing Lender

Envision Funding Solutions, Real Estate Loans, Kennesaw, GA

Our Location

Envision Funding Solutions LLC
3104 Creekside Village Dr, Ste 507 Kennesaw, GA 30144

Copyright © 2025 · Powered by MySMARTblog

Copyright © 2025 · Genesis Sample Theme on Genesis Framework · WordPress · Log in