Wednesday, December 12, 2018

Thursday: Unemployment Claims

by Bill McBride on 12/12/2018 07:18:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Could Go Even Higher

Mortgage rates rose more noticeably today as a part of a 3 day bounce after hitting the lowest levels in roughly 3 months at the end of last week. Whereas yesterday's increases weren't really worth mentioning, today's hurt--depending on the scenario. [30YR FIXED - 4.75%]
emphasis added
Thursday:
• At 8:30 AM ET: The initial weekly unemployment claims report will be released.  The consensus is for 228 thousand initial claims, down from 231 thousand the previous week.