Three Things: These are the three areas that have the greatest ability to impact mortgage rates this week: 1) Domestic, 2) Across the Pond and 3) Fed.
Initial Weekly Jobless Claims came in at 245K vs est of 240K and matched the prior week's 245K. The more closely watched 4-week moving average is still below 240K at 237,500.
Initial Weekly Jobless Claims were higher than expected (245K vs est of 236K). The more closely watched 4-week moving average is still below 240K (236K).
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